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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Lee Lichterman III who wrote (22360)12/1/1999 7:13:00 PM
From: Les H  Read Replies (1) of 42787
 
re: 'sell'

I didn't realize that the Biotech holdrs (BBH) had already started trading. They're down 5 to 102 since they started this week. The weirdness was also exhibited on Monday's big down day by the S&P 400 being up for the day.

I haven't yet ruled out a potential double top yet. It's often the case I get a dip after the sell signal then a retest of the top within 1-2 weeks. On the second top, usually there will be the higher number of overbought stocks but a greater number of stocks with negative momentum.
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