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Traders Thread - Tuesday 18th May (OOM)     

Crocodile - 17 May 2004 23:02

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Melnibone - 18 May 2004 09:23 - 6 of 9

Morning all,

Not exactly a herd of dip buyers thundering in to buy the
market, is it?

Same view as last week when I said I'd closed my last long.
IMHO, sentiment has changed from buy the dips to sell the rallys.

Zarif, ref your comment on yesterday's thread about a bullish
hammer, but tread carefully. Have no fear, I've no intention of
going long. I'm just looking for my next short.
On holiday next week, so there's no way in this world that I'll
risk getting trapped in a long, this week, before I go.

Won't mind being trapped in a short though, if I get a high enough
entry point on the NDX or the S@P. :-)
Come on you Bulls, give me something decent to get my claws into.:-)

Melnibone.

zarif - 18 May 2004 12:51 - 7 of 9

Mel you are right its safer to short from the top rather than buy on the dips.

ThePlayboy - 18 May 2004 13:48 - 8 of 9

but where is the top?:OI

mordan - 18 May 2004 15:11 - 9 of 9

Just found this small silent duel monitor system. Going to use it for a trading PC.



http://cgi.ebay.co.uk/ws/eBayISAPI.dll?ViewItem&item=4131729040&sspagename=STRK%3AMESE%3AIT&rd=1
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