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Non-Tech : Invest / LTD

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To: SJS who wrote (10118)9/30/1999 9:12:00 PM
From: Thean  Read Replies (2) of 14427
 
Steve, yes today is a squeeker alright. The target for the bulls tomorrow will be a break and close above 14000. If that turns true, then a further rally into next Monday, pause for indecisiveness on Tues morning and either a further rally or a big fall off the cliff after 2:15pm.

If we back off from 14000 again a few times tomorrow, things will not be as rosy.

Seems that nobody here was fishing the last few days. One of my fish, LLY (through call), received FDA approval for a new indication for its Evista drug after market closes. I hope to bag 4-5x on this one. The other one is of course the highly controversial GNSS. It did bounce, at least dead-cat style, today! Which makes it - a higher high. So on the chart this one is going to scratch quite a few itchy hearts (and fingers) tonight because it went from a free fall pattern to one that bounce off support with a higher high logged in.

GALT is shakily resting at the 25 support. Other semi's are not doing well, TER and MTSN in particular, both resting on fragile support.
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