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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: marginmike who wrote (70695)2/23/2001 11:08:56 AM
From: bill meehan  Read Replies (2) of 436258
 
Thanks MM. My charts showed that the BKX, XBD and IUX all took out their 40-week SMA's on Wed. And the damage has spread to virtually every group, including the SVX, RUT and MID. I wonder if Easy Al will strike during lunch time? I'm sure he doesn't want to be seen as targeting the market, but what choice does he have to try and stem plunging consumer sentiment? Unless he, as I have, believes it would be fruitless other than a 1-2 day pop.
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