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shoreco

03/08/04 4:16 PM

#214848 RE: Zeev Hed #214843

>> Got to admit, screwed up today <

Yep, I was short 4 ER2's @602.60 and closed'em for a small gain...

4k left on the table,

But who knew they would use the "low volume" to breach important levels...

In the past, shorting this low volume hasn't been such a great idea...

March 11th marks 1yr from the lows, and about 4yrs from the Highs...

Hmmnn...

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federal reserves

03/08/04 5:50 PM

#214901 RE: Zeev Hed #214843

Zeev> The surprises you had

today, encouraging to us bears, the market is getting hard to read, even for a pro like you, IMHO we got a lot of folks

acting as technical analysts, charting watching and ignoring the
fundamentals. Take a look at stockcharts.com. More experts than I can
ever remember posting and charting thousands of indicators. Its a cottage industry.

The market will act to fleece them all, and quickly before they can react.
The signals will tell them to hold or buy the dip keeping them long until
the panic hits. This is the function of the stock market
today, NOT TO FUND COMPANIES with risk capital, but to take money from the public and put it into the insiders
hands. No warning will be given, no ADI/MACD, or other oscillators
or volume sensors will go off. ITS just going to drop like a rock. I think its ready.