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Strategies & Market Trends : Ask DrBob

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To: Drbob512 who started this subject9/19/2000 9:43:27 PM
From: indexit   of 100058
 
Charts look neutral. While the formations look like the start of a reversal (which I have been waiting for) I can not see a lot of strong support yet. Went long overnight and probably will sell at about 9:40. Hoping a little momentum follow through. Think we head back to 3850 and clueless from there. Missed a lot of this run up, too cheap to pay up early (mistake) or shook out for a point gain on those I bought. Actually managed to lose money going long on BRCM (talent). Also noticed it seemed like a lot of the big risers pettered out at the end finishing a bit off the highs.

I will be concentrating on shoring utilities tomorrow. Classic topping and overextened pattern.

Long CHINA, TXN, VRTS, VRSN, MER, and I think that it it.

LOL
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