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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 660.19-0.8%Nov 18 4:00 PM EST

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To: xcr600 who wrote (25911)4/3/2000 10:33:00 PM
From: Clint E.  Read Replies (2) of 68096
 
>>> I should have seen the top when the biotechs peaked and crashed..... Needless to say I won't make a mistake like this again.

It is good to speak out, X. Will get rid of anxiety. I know your wife doesn't want to hear about this again!!! So, tell us more. Your friends listen.

Amazing how sometimes everything under the sun lines up in the direction of correction. It has been like that since last Monday's AC call.

Most of the fluff has been taken out in this correction and we should see better days ahead. A depressed tech market usually responds positively during earnings season. Otherwise, we would have seen companies that report excellent earnings but still sell off. Take your pick. Either way, we would have seen a pullback(though I must admit I didn't expect us to close below 4400 this fast).

Have faith, my man. Have patience. We've seen this before. Together. Many times. Remember? They have all passed. So will this one.

Good luck to all;

Clint
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