Stutz Posted February 25, 2003 Report Posted February 25, 2003 I'm getting that tsunami feeling.... Everly Brothers? I've got that Tsunami feeling And I can't go long Whoa oooh oh
HardAssets Posted February 25, 2003 Report Posted February 25, 2003 Bounce occured at exactly the fib extension 1.62% from last move up 832 - 851, target was 818.
simple guy Posted February 25, 2003 Report Posted February 25, 2003 Finally Any bounce here is a mini wave 2 bounce Has to retrace the 24.74 to 24.10 move today.... So, at least 32 cents up.... See ya at 23.60 soon enough either way... dont lose your heads
seamus Posted February 25, 2003 Report Posted February 25, 2003 Oyster - great charts and perspective
PileDriver Posted February 25, 2003 Report Posted February 25, 2003 It ain't over until the bulls crapitulate Don't forget two huge bearish outside reversal days occurred back in Dec and Jan. Optimism was extremely high then (still is), BPIs were pegged very high, etc. That was a major top that is not likely to be reveresed anytime soon. Certainly not within 4 weeks!
Guest Posted February 25, 2003 Report Posted February 25, 2003 I'm getting that tsunami feeling.... Everly Brothers? I've got that Tsunami feeling And I can't go long Whoa oooh oh Righteous Brothers actually. Maria's favorite song "Baby, Baby, I'd get down on my knees for you If you would only love me like you used to doo!"
PileDriver Posted February 25, 2003 Report Posted February 25, 2003 the lesson i learnt is not to trade against the master will wait for an entry point again... just don't trade against the primary trend. Taint worth it. I learned that back in 1986 when I tried to short in Mr Bull :wink2:
Oyster Posted February 25, 2003 Report Posted February 25, 2003 82650 SP00 is the reference point here today for intraday.......any lunchtime move above there or early afternoon would confirm further afternoon gains....failure to do so would mean back to pm lows......same explanation I gave on 2/21 for that day.
Guest Posted February 25, 2003 Report Posted February 25, 2003 Thanks PD -- reading your post always an educational experience.
Oyster Posted February 25, 2003 Report Posted February 25, 2003 above 82650 SP00 and we could get a pop into the 30's....all bear rally of course :grin: :grin: :grin:
BAREister Posted February 25, 2003 Report Posted February 25, 2003 We have achieved clusterf**k Time for a 'malaise speech.' Mr TwoScrews Say there, Mr TwoScrews; why, then, don't you give us one? LOL
PileDriver Posted February 25, 2003 Report Posted February 25, 2003 Thanks PD -- reading your post always an educational experience. another thing I learned. Resist the urge to think too much. If you are sitting on a winning position and not yet stopped out and start saying to yourself "I *think* its going to go against me" and then second-guess and bail then you are cutting your winners. Not good. Cut your losses, let your winners run. Be patient Be bold, especially if your indicators say so (and your heart is nervous to do so) Its really a game against your emotions (self), not others.
Metamucil Posted February 25, 2003 Report Posted February 25, 2003 nbix finally extracting the concrete from its bowel..............
BAREister Posted February 25, 2003 Report Posted February 25, 2003 Thanks PD -- reading your post always an educational experience. another thing I learned. Resist the urge to think too much. Why HRFF hASS been resisting that urge quite successfully FUR years!!! Just ask Doc! LOL Or Mr TwoScrews... <_<
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