The Trader's Tavern Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : The Trader's Tavern

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: stormrider1 who wrote (327)	11/13/2000 6:29:05 PM
From: JEB	Read Replies (1) of 344

Hi Mike, Actually the H&S pattern broke on the last rally but could not break the resistance area of the head (around 3500) and became an attempt at a near-term double top pattern. It could have rallied and broke the pattern if it wasn't for this election dilemma. I cannot say what will happen from here since everyday till this thing is over is a "Wildcard" day. News of a new lawsuit, or a time limit, or a new count from lost ballots can cause havoc in this market. Trade fast and go with the flow. Be careful. Also, if Gore is elected, watch for the market to have a bad year next year (I'm not being partisan in that comment. Gore is just anti-business and the congressional Republicans are neutered and fewer. Microsoft is King Kong and what is bad for them is bad for the NASDAQ.) ;-) JEB

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next