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Strategies & Market Trends : Sharck Soup

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To: Sharck who wrote (13956)3/30/2001 1:08:55 AM
From: JRI  Read Replies (1) of 37746
 
One could argue for a double-bottom on the COMPX......maybe another test tomorrow?

Early April would seem a strange time for a strong rally, though...news is going to be bad, bad...A Greenspan cut is unlikely.....further, tax selling could have a bad effect..

Historically, late April/May not great for tech...

S&P/Dow look like they've broken the key support already, and after retrace (already accomplished...for the most part..if not entirely)....should be going back down...

I dunno Sharck...I know we've gone down a lot here...but with IP, the banks, and WD-40 warning...this thing is starting to run deep...

(Based on what else, then gut feel, is your call?)
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