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08/16/02 11:27 AM

#16314 RE: Paul A #16308

Softechie was heavily short yesterday according to his SI posts and he is silent this morn over there. Must be off licking his wounds <losses>.

GNSS...broken out of its channel among many others.

Jane
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08/16/02 11:32 AM

#16321 RE: Paul A #16308

Like I said yesterday, shorting QQQ on Zeev's short-term relapse call after a rally has launched itself is a bad move. Zeev's short-term relapse only relates to the canaries that are used to probe the market. Take for example, AMAT, which hit 13.5, which is its own equivalent to 1300, both yesterday and today during the "relapse"; now it's at 14.8! after successfully testing the support.