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Strategies & Market Trends : The Thread

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To: Joe Hoek who wrote (20670)10/31/2000 10:51:10 AM
From: JLS  Read Replies (3) of 49816
 
There's a lot of overhead in these stocks (ie. trapped investors who just want to get out at even or close to it). I'm seeing a lot of upward resistance at key points on almost every stock I'm watching. There's not as much bounce as we're used to seeing and the action could be like this for a while unless an issue doesn't have overhead, and there aren't many that don't.
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