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Strategies & Market Trends : Group Therapy

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To: Duane L. Olson who wrote (3023)2/14/2001 5:01:34 PM
From: E. Graphs  Read Replies (1) of 4564
 
Duane,

Wonder how far they will be able to throw this pig?

The indicators on Nasdaq's daily chart look similar to last September.

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The weekly chart doesn't look very promising either.

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I'd say you did the right thing. I'd guess most of the pros were doing the same. The whole thing smells a lot like distribution. Or, it might just be options expirations day coming up. I guess it really doesn't take much to set prices where they need to be for the week.

Just looked at LTXX, right at resistance.

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