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Nautilus Inc. Message Board

  • tropicdeposit tropicdeposit Jun 18, 2003 10:07 PM Flag

    A fairly determined AM walkup induced

    a little profit taking by shorts today. Of course nothing underlying has changed. After nearly two weeks straight down, a "pressure relief" day is not surprising. We have "triple witching" on Friday, and price action is often a little wild going into that.

    Those tempted to read "bullish" into today, should look carefully at the period 24-27 September, 2002, as I suggested last night, with attention to the overall chart and to what happened next, back then.

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