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Dances-W-waves

06/08/04 10:29 PM

#254938 RE: Joe Stocks #254934

Hi Joe!

My tick tape watching tells me that the only reason we are heading higher is because the program traders want us to go there.

Who are we to argue with em?

I'm still on the fence, as my record shows, but I'm gettin pulled to the bullish side more and more.

When I go 100% long, thats the time to short. <g>



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Zeev Hed

06/08/04 11:26 PM

#254946 RE: Joe Stocks #254934

Once the public is convinced and commits funds in drove, that might be the time to lighten up. Despite us being close to 150 naz points from the recent bottom and less than that from the yearly high, the EPC is sill quite high at .65. BP's are behaving as they should new highs are expanding above the 100 level, and volume is not yet excessive (one might even say, anemic), I like what I see.