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Non-Tech : The Critical Investing Workshop

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To: r.edwards who wrote (7461)3/14/2000 8:13:00 PM
From: Jim Willie CB  Read Replies (1) of 35685
 
funny how I appreciate both the fundamental apparent causes
and the technical conditions that expose vulnerabilities
fundy and techy work together always

I think the NazComp needed to retest the 4700-4750 level once more
now it can be confident about northern trajectory
we had good volume today for techs -- almost 2 billion shares

sure, the biotech selloff was out of control
market leaned on both the strong & protected as well as potentially vulnerable

such emotional catharsis is essential in defining the climax
biotechs might wretch and groan and finish bloodletting tomorrow and thruout the week

but I think the destruction is largely over
I lost 5000 lapdances today

somewhat encouraged to see ELON hold the breakout
it finished on the very high end of last two weeks' range
/ Jim
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