[ThorAss]

... something wicked this way comes.

I sat transfixed early in the session looking at the quotes on my 20 odd potential shorts. Looked like a bell curve, skewed to the upside. From up 10% to down 6%. Oh well, if you mess with volatile share I guess you have to expect a little volatility. Nevertheless I felt totally hamstrung, and chose to do nothing. I added a few QQQs to the short stable. I still feel that this action combined with the insider selling is so evident of a purely speculative market. This can only end one way, badly and soon. No one is going to be rewarded for buying and holding "exciting" overpriced stocks. Only a few, the nimble will win. And safety conscious bears. The herd will ride it back down and the fundies will be stuck. There will be no exit for the volumes they require. The door just isn't big enough. For a while they can keep it up giving us this distribution top but eventually the gates will open and the flood will start. Luckily for some, the dipsters have been well conditioned in this long rally and they will help to keep the market from becoming 0versold.
I remain short the broads and long a few silly PMS stocks. For my and others comments on the miners please visit www.TheOutpost.camp.

Take it away, Eric the Orchestra Leader.

[ThorAss]

However, it would seem from a less than exhaustive analysis that another bounce is underway. I remember this shorting thing was seldom easy money.

[Bearman]

ThorAss, on Jul 23 2003, 07:43 AM, said:

However, it would seem from a less than exhaustive analysis that another bounce is underway. I remember this shorting thing was seldom easy money.

Good Luck make profit!

[BeerMarket]

EGO - new high

[Slothrop]

UPS as a short?.

Bearish engulfing yesterday. Lower low today. RSI, MACD rolling over.

[Slothrop]

Technical anal-Isis can be lucrative, as well as fun.

Wasted Management. Once it drops below that 200-dma, look out below. Or, will it test the underbelly of the 20-dma and fill the gap -- before tanking?

[Slothrop]

CTX update: big news day yesterday, but just can't get going. Looks like a retest of the s/t moving average, maybe of the downtrend line from the high -- and that's it.

[No Einstein]

"F" - ford is short - all indicators are rolled over

[No Einstein]

watch RCL - it just bounced off of resistance on very high volume yesterday( blow off IMHO)
no follow through today, giving back a chunck on low volume,

[Slothrop]

With 2 hours to go, Dip Buyer puts in an appearance, no doubt seeing the W formation and unable to refrain from putting the finger on the buy button. Nice impulsive wave up, but a little obvious, too.

[Slothrop]

Ho Hum. Another boring shot at spx 1015 or so. Another chance to watch those divergences pile up. Another few days of hot stock chasing, soon to be followed by soul-searching and "how could I have been so stupid" moments from momentum players

[Slothrop]

Sentient Tech is feeling it.

I thought all tech stocks were on a one way trip to the moon. You mean you can lose money being long a tech stock? Somebody told me you couldn't lose money, no way, not ever. Just buy the stuff and, uh, hold it...something about Bubble 2 and Greenspan printing money...they couldn't possibly be wrong, could they?

[Slothrop]

Another exciting tech stock to get rich with.

If this sad dog fails to make it back up to 90 with the monster, huge rally that's just around the corner, there's problems.

[Slothrop]

Yet another exciting Tech stock on the verge of yet another history making move.

Can you feel the excitement?