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Pastimes : Where the GIT's are going

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To: Carolyn who wrote (10986)9/24/2000 9:09:56 PM
From: Cisco  Read Replies (1) of 225578
 
Interesting;

Message 14446430

Okay Reid I climbed into my bomb shelter before posting this so you can fire away!<g>

Carolyn, I have come to the conclusion that TA on individual stocks for Monday after the type of day we had on Friday is probably a waste of time.<g> What we saw on on Friday was that the Bears weren't as strong as people thought they were on Thursday night. But, still they left their footprints all over everything causing TA to give sell signals on a lot of stocks that don't deserve it. I also believe there was a flight of money to defensive positions as well. I am willing to bet that most of the best performers on Monday would this weekend show a sell by TA.
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