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Strategies & Market Trends : Trend Setters and Range Riders

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To: bobby is sleepless in seattle who started this subject12/13/2000 11:45:27 AM
From: bobby is sleepless in seattle  Read Replies (1) of 5732
 
compx...

what do ya expect!!!

we've been high flying this mutha from the lows of 2500...we screamed 500 freaking points!!!!

and looks like a selling of news, yes?

monthly shows we're sitting on the 50 ema

on the daily, i would think we're in safety area till 2750, maybe 2700...some consider the 2900 as a turning point as a major caution if we close below this level.

yes, earnings warning season is upon us as compaq adds to the basket of warnings, so what does that mean for DELL, how does it affect the other sectors, were is there safety???,,,chocolate bars maybe?

or, have we hit the point of dimninshing return and see a reversal on earnings, an intc type move, myabe with the boxmakers...maybe a continuing trickle over effect spilling into other sectors, as has been the case for months...

so, this is where the swingers make their money,,,buy the dip???? or what????

heven't made any changes...
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