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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 671.910.0%Nov 14 4:00 PM EST

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To: j g cordes who wrote (26067)4/12/2000 12:43:00 AM
From: shasta23  Read Replies (1) of 67997
 
Just flipping through the stocks tonite without much intent of buying the next days because i want to see a bottom in the techsector and not just a bounce. Volatility has to come down to form that...
What is amazing on these charts is how there was absolutely no support on a lot of these high fliers. They broke through their 20,50,100 and some now 200SMA without hardly any support and now we're approaching in a lot of stocks levels we have seen last summer before the big run up.
A lot of the chart look completely destroyed in their structure.
Was wondering if we're going to see reverse splits soon?

stefan
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