OLD FOX - THAT'S TWICE IN A COUPLE DAYS!I'm happy to publicly admit that I do agree with Old Fox on these two points:
(1) The shorts covering can be a good thing for the longs - at very least, it helps the consolidation process along.
(2) TA can also used by longs, not just day traders.
I do NOT agree with the incessant, cut-and-paste refrain about Tx, HH, and Mr. Moriarty getting a price call on Novo incorrect one time some months back - but it's easy to summarily dispatch that stuff as it looks the same very time and then get to any good stuff.
Oh yeah, Old Fox, question - could your last name be ...... "Watson"? Asking for a friend. I'm getting through Mr. Miriarty's book, lots of good background information there. I would be interested in hearing any background facts you have to offer. Please do.