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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: John Pitera who wrote (64688)9/28/1999 1:58:00 PM
From: bill meehan  Read Replies (2) of 86076
 
John, I thought the violation of the SPX 1300 area was very important, especially since the market was already very oversold. I don't pay a great deal of attention to H&S formations, especially one that's been so heavily publicized, but it's broken now. Noted to clients this morning that, according to MarketHistory.com, 69% of all the SPX components were down 20% or more coming into the week. Let's see if the "Spoolice" are on the case this afternoon. <g>

Whoa, I've been so busy that I just now noticed the monster spike on Dec gold and the move right back down to the 306 area. That pit must be fun. <g>
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