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Strategies & Market Trends : NetCurrents NTCS
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To: bobby is sleepless in seattle who wrote (665)10/17/2000 11:51:06 AM
From: Jerry Olson  Read Replies (1) of 8925
 
Hiya Booby..

we had a major trap today for the longs...what Teresa calls the fickle FINGER of fate<G> or worse...hehehehehee

actually we had sell signals on the SOX at 660, and if the SPX prints 1355 it will reverse the current up move...on P&F...negative..

what with INTC and MSFT reporting today and tomr..and the CPI, Greenspan, and op exp week..this is a short sellers delight<g>..

relentless selling here...NQ's break the lock limit here to the downside...no bounce..nada...
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