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Justa Werkenstiff

01/13/06 12:17 PM

#69612 RE: Justa Werkenstiff #69605

Market: INTC oversold coming off three large white bodies (similar to soldiers) on daily with series of dojis that worked it into an oversold state here. Reports Tuesday.
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chainik

01/13/06 12:33 PM

#69621 RE: Justa Werkenstiff #69605

<bizarro buy on Sox in here. Test of highs on tap<

J, glad to say that I finally disagree with you (g).

Not sure about "buy" (buying after downgrade might be not a bad idea), but I'll be surprised to see SMH at 40.60 in the near future (before opex).

I may have missed it - do you still hold NEM short? Strong move in gold and HUI.

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Justa Werkenstiff

01/18/06 11:38 AM

#69917 RE: Justa Werkenstiff #69605

Market: Still dealing with illness in my family but here it goes. The bizarro buys are still in play on the NDX and SOX. Hard to imagine them playing out here at all given what has happened the past few days, but they are still quite possible and strange as it may seem...they are probable still to me. If an obscene rally fails to show by Friday, then something else is going on. And that something else is the NDX top and correction I spoke about earlier in the month. (Looks like we topped within ten trading days as outlined). Now the rally I suspect then may prove to be countertrend then and not quite test the highs. That to me seems more likely now.