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Nautilus Inc. Message Board

  • astral_tsar astral_tsar Jun 14, 2003 7:00 AM Flag

    Iffy

    Well, I think that's a very nice thing to say.


    One must blow off steam periodically.

    For anyone with an Eye on the Ball, it's a little hard to maintain composure on this board. So many sell-side sandals stuck under the steamroller already ... the pinned but as-yet uninjured victims happily boasting about their 'positions'.

    Iffy. The winds of hype are blowing a Cyclone of hot and cold. Even the shorts on the board were sane enough to ridicule me mercilessly when they convinced themselves that I had sold at $12. But then they went right back to recommending that people sell at $11. Herb is on the fence too.

    The feral, ruinous banshee chorus of the technicals has fallen into a Harmonic Convergence of sorts:

    http:
    //quotes.barchart.com/texpert.asp?sym=NLS

    That's about as low as those things go. Very clear, right? But, wait a minute. Where's the Downside from here?

    You can almost hear the tiny, insect voice of Hype to Come: Well, maybe there CAN be too much of a good thing. Pigs and Bears, or whatever. It's always Too Soon to buck the trend ... except when it's suddenly Too Late.

 
NLS
11.90-0.25(-2.06%)Aug 20 4:01 PMEDT

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