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

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To: Lucretius who wrote (19797)	9/20/2000 9:00:17 AM
From: AllansAlias	Read Replies (1) of 436258

Would prefer slight gap up for bearish scenario... Some things to watch early on... COMPX. Stopped right up at May->Aug line -- the bottom of the large formation it had fallen out of. Only needs a little push here now. CSCO, $61-15/16. Had a very bullish looking candle yesterday. It has some room to keep going for sure. The bottom of the big wedge it fell out of is now around $65 and rising. It stopped yesterday right at the downtrend line from the Sep 1 high (I am using, say, 65min charts to check these DT lines). Another tiny push and it will take out that and the 200 dSMA. INTC, $60-5/16. Similar. It has some decent air before it gets back up to the line that seems to dominate most of the tech charts -- the May->Aug lows. Another tiny push and the Sep 1 downtrend line is dead. 200 dSMA was taken out yesterday. XTC. You would think that the bleeding here would stop soon. I am watching this one 'cause its ugly and they are pimping it. For people like chic who think this is voodoo -g, check out the bounce yesterday. Exactly off uptrend line from '97->'98 lows and, less importantly, the neckline drawn from Jan lows -> May lows (best viewed on a weekly). Yea, that sort of exact and very tradeable bounce is just voodoo luck. -g Oh yea, GE. Had a second inside day on declining volume yesterday. Might be coiling for something here.

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