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augieboo

11/01/02 8:37 PM

#41162 RE: SI_Shack #41160

Everythign is flashing major red alert to me. If not a an "IT" top then one which will begin a very deep retrenchment.

Shack, those words are music to my eyes.

(:

augie

(Clown short since the 17th)







MDA Thread #board-1320
Turnips Thread #board-1125
Trading Info #board-1220
Retrace #board-1345
PPT #board-1280
http://www.angelfire.lycos.com/goth/augieboo
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insanediego

11/01/02 8:41 PM

#41164 RE: SI_Shack #41160

hi SI, i'm a lurker trying to learn and appreciate the insight as to what other traders use for indicators.

just one simple question: what do you mean by distribution? i would guess that there are various answers depending on your point of view: MMs, J6P, technical analysis, or fundamental analysis.

TIA,
insanediego

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plexus

11/01/02 9:03 PM

#41167 RE: SI_Shack #41160

Interesting most of my technicals are calling for another breakout here and another strong leg up. Ive been long since 7400 and QLGC from 20/21 and have posted as such. Im seeing many many explosive setups here just as MSFT was setup....consider this...MSFT is breaking out of a double bottom that measures up to the 63 level based on T/A. The affect on the indices should be quite strong. Even laggard stocks like YHOO are coiling here and are poised for a strong breakout in the week or so ahead. I just love reading about all the skepticism here...tells me there is HUGE sideline cash that will only serve to chase this move on the upside. When the internals unwind and we put in some type of objective topping ill move to the short side....but not before!