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you forgot, wet oneself.
----- Original Message -----
From: "Gwenael Gautier" <ggautier@xxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Cc: <realtraders@xxxxxxxxxxxxxxx>
Sent: Friday, June 16, 2000 8:00 AM
Subject: [RT] Re: S&P Bullish view
> I thought babys sleep something like this: Wake up every hour and cry for
food
> and attention...
> :-)
> Never mind...
>
> Gwenn
>
>
> James Taylor wrote:
>
> > This short for one, has not seen any equity loss even during the last
three
> > week run-up in the Nasdaq.
> > The broader market has fallen/ remained flat during this Nasdaq bear
market
> > rally.
> >
> > The Chicago Mercantile Exchange today said that the open interest on the
> > Nasdaq 100 mini-contract rose to a ninth consecutive record. This means
the
> > boat is getting more and more lopsided, with small speculators long the
> > Nasdaq 100. Obviously, this doesn't mean that it will end
instantaneously,
> > but it is a sign of emotion and enthusiasm. When the market does decide
to
> > flip over, it could do so rather violently.
> >
> > I am sleeping like a baby, short to the gills this market.
> > It is long overdue for its next leg down.
> >
> > JT
> >
> > ----- Original Message -----
> > From: "Phil Lane" <patterntrader@xxxxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Friday, June 16, 2000 6:17 AM
> > Subject: [RT] Re: S&P Bullish view
> >
> > > well, I'm predicting the shorts will get hammered!
> > >
> > > the key is the volume and breadth - the market has been consolidating
in a
> > > narrow range for nearly two weeks following the huge surge off the
> > bottom -
> > > if it was gonna crap out it would have by now - instead the "tone" has
> > > remained firm throughout. Also note that the the bearish sentiment has
> > > refused to decline during this period (at least for last week, don't
know
> > > about this one). It seems like a perfect situation - if stocks had
> > continued
> > > to shoot up the rally would have been unsustainable. This little pause
is
> > > allowing stocks to finish forming their individual basing patterns.
Some
> > are
> > > outperforming - ones that were making new highs (and there weren't too
> > many)
> > > back on 5/24 when the reversal happened are doing exceptionally well.
I
> > > believe I made a posting to this effect at the time. Might have been
the
> > > O-list, I don't remember. My favorite pick was ADCT - it was barely
> > affected
> > > by the correction while most stocks were destroyed. I remember someone
> > > thought it was "overvalued". (Warning: This kind of thinking will lead
you
> >
> > > to buy stocks in downtrends!!!). Also went long the futures on 5/24.
> > > Increased 3 days later when the market followed through. And again on
> > 6/13.
> > > Waiting for the next leg - meanwhile the boredom has been alleviated
by
> > all
> > > the daytrader chatter on the RT list....
> > >
> > > rgds phil
> > > http://www.patterntrader.com
> > > disclaimer: Sometimes I'm dead wrong!!!!!
> > >
> > >
> > > ----- Original Message -----
> > > From: Michael Ferguson <wl7bdn@xxxxxxxxxxxxx>
> > > To: <patterntrader@xxxxxxxxxx>; <realtraders@xxxxxxxxxxxxxxx>
> > > Sent: Friday, June 16, 2000 5:45 AM
> > > Subject: Re: [RT] Re: S&P Bullish view
> > >
> > >
> > > > Or, a narrow sideways channel, butting up against resistance. The
> > question
> > > > is, are the longs or the shorts facing higher risk?
> > > >
> > > >
> > > > Michael
> > >
> > >
> > >
>
>
>
>
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