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Tonight the bearish case, tomorrow the other one

Started by The End, May 30 2003 04:29 PM

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3 replies to this topic

#1 The End

Anything is possible!

Moderators
10,102 posts

Posted 30 May 2003 - 04:29 PM

see charts. two of them. Have a good weak-end.

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NONE of what I type, should be taken as financial advice.

And when you loose control, you'll reap the harvest that you've sown
And as the fear grows, the bad blood slows and turns to stone
And it's too late to loose the weight you used to need to throw around
So have a good drown, as you go down, alone
Dragged down by the stone.

--Waters

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#2 The End

Anything is possible!

Moderators
10,102 posts

Posted 30 May 2003 - 04:31 PM

They could not hold over 965. Neckline? I do not know at all what is going to happen Monday.

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NONE of what I type, should be taken as financial advice.

And when you loose control, you'll reap the harvest that you've sown
And as the fear grows, the bad blood slows and turns to stone
And it's too late to loose the weight you used to need to throw around
So have a good drown, as you go down, alone
Dragged down by the stone.

--Waters

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#3 PileDriver

Professor of Stock Proctology

Banned
6,448 posts

Posted 31 May 2003 - 01:02 AM

What happens Monday? That's easy, we pop a rod quickly up to 974, scare the bears to death suck in the last of the bulls and then reverse down quickly as we are way beyond overextended right now and up move looks incomplete.

Also today's window dressing and pretty close for weekend newspaper will lure more to buy first thing Monday morning so there should be a brief wave of buy orders on open.

Either that or we go straight down.

I'm prepared for either event.

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#4 The End

Anything is possible!

Moderators
10,102 posts

Posted 31 May 2003 - 05:39 PM

The Top line is mine the bottom one is Realist's. Kiss of death?

Attached Images

NONE of what I type, should be taken as financial advice.

And when you loose control, you'll reap the harvest that you've sown
And as the fear grows, the bad blood slows and turns to stone
And it's too late to loose the weight you used to need to throw around
So have a good drown, as you go down, alone
Dragged down by the stone.

--Waters