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Technology Stocks : Ariba Technologies (Nasdaq-ARBA)

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To: Lizzie Tudor who wrote (1440)11/20/2000 6:46:53 PM
From: Spytrdr  Read Replies (2) of 2110
 
oh yeah, everything is so obvious in retrospect...!!
but it was obvious to me on september 2.
of course i watch the macro-environment before shorting, and then i pick a trading vehicle where the setup in the chart is very clear.
there's always a clear setup on a chart somewhere.
i said "screaming obvious double top forming on the chart" on september 2, and then "gap to fill at $ 60", and that's what we've got.
and maybe also it was some of these dominos falling that provoked the chain-reaction and fall of the other highflyers, you'll never know cause from effect...

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<<The point is the entire mkt is going down so you can short just about anything and make money.>>
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