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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (93734)4/17/2000 2:01:00 PM
From: Andrew G.  Read Replies (2) of 120523
 
You don't have to guess about where we are going today. It's already clear:

Step back for a minute and look at the indexes & some top tier tech charts.

quote.yahoo.com

If we imagine today's index charts on a piece of rubber, you could stretch them out and have almost the complete chart for last Thursday. Do we really look good for the rest of the day ? I don't think so.

If today was going to be the day for bottom fishing where is all the money to buy ? There isn't enough. Everybody who is participating in this market with any astuteness is doing precisely what you people are doing.

For those with so-so day trading skills, there is no leverage in day trading this market outside of pinball dexterity in placing orders.

I've decided to retract from any participation in the market for now.

Wishing you all the very best in your trading today.
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