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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: AllansAlias who wrote (18968)9/16/2000 12:48:37 PM
From: Perspective  Read Replies (1) of 436258
 
How The Mighty Have Fallen <g>

I'm checking through the dirty SOX to find some short candidates now that the leaders have fallen. I figure it's just a matter of days now before the remainder of the index join their bigger brethren.

MU looks like it might want to retest that breakout from $40 - boy, would that be something. Now that Smelly is on the critical list, with INTC and MU taking out the prior low and failing at every trendline it encounters, do you think we can finally get ALTR and RMBS to start giving? ALTR and RMBS look like they should give their trendlines up in a big way. CY looks like it didn't get punished enough for its sins. Will definitely short TXN on a rally attempt. Maybe even PMCS and AMCC get gravity. Good secondary top on QLGC? XLNX might be interesting just because of the huge downside risk of failing that TL, vs. limited upside potential.

And yahoo for Yay-hoo! Even with its etail brothers in a BS pre-XMAS rally, it can't find any interest at all. Nice, controlled melt out of that flag.

JDSU failed pretty clearly to pick up its 100-week TL. Could be the start of a beautiful cascade...

ORCL just starting to give - should be rewarding for us skeptics. Nothing but air underneath that stock price. Would also be quite a sight if Soft fails its upcoming test of $60. Nice descending TL developing there; channel open to about $50; may have to revise my cover price.

The silver lining for da bulls must be Sickso - nice defense of that multi-year TL! Lotsa luck defending it next time!!! <GGGGG>

BC
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