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I'll give you this...there has been nothing like what I'd expect with the
Nasdaq down here. It reminds me of a lobster that was put in a pot of cold
wine and then the heat was slowly turned up...he never felt a thing while
he was cooked...Because he was too busy enjoying the party feeling.
I'd prefer no one got hurt financially. Short of that wish coming true, I'd
like it to start moving again! And currently, I like the feel of this
failed rally.
Tim Morge
At 02:40 PM 4/17/01 -0400, Bilo Selhi wrote:
>here is a pointer for all of you.
>watch the big blue to drop the nuke tomorrow.
>if however they rig the numbers which
>( .98 while the rest are in the tank )
>is possible then to the moon we go.
>also which way they guide is going to be more important
>then dropping itself. charts suggest the nuke is coming.
>if the drop is serious then i'd say we come down
>300 + points on the dow...and then see what comes next.
>if however we rally into the drop for the day...
>csco just dropped the bomb and today it's intels turn
>if we get three bombs in a row and the building is
>still standing by the next day we wait for the dip
>and buy em boys. else we go lower in naz, dow, sp.
>oveall. my personal opinion...
>i'd say screw them and let csco go to 5 intel to 10 and the blue
>to 50. they are still damn too expensive.
>we want the spoos to break 1000.
>we want panic in the streets and mom and pop liquidation
>and empty pockets.
>we want the us economy shaken not just stirred...
>we want greenspan on the wire adding liquidity as
>the market panics...
>still has not happened yet.
>bilo.
>
>
>----- Original Message -----
>From: "Timothy Morge" <tmorge@xxxxxxxxxxxxxxx>
>To: "Omega_List" <omega-list@xxxxxxxxxx>
>Sent: Tuesday, April 17, 2001 11:19 AM
>Subject: Unidentified subject!
>
>
> > Good morning, folks!
> >
> > S&Ps and Nasdaqs gapped higher this morning. And S&Ps have now made
> > marginal new highs. But it will take a close above 1195 for me to change
>my
> > trend analysis. Be careful of any movement below 1193-1195, as it may
> > signal a potential failed rally. The Nasdaq charts are not as constructive
> > as the S&Ps, as they have huge overhead resistance at 1775, as well as at
> > the test of the recent highs at 1731.
> >
> > Charts attached. Stay safe out there.
> >
> > Best,
> >
> > Tim Morge
> > www.medianline.com/
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