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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Shack who wrote (75075)3/3/2001 5:39:23 PM
From: StockOperator  Read Replies (2) of 436258
 
Shack, You're right some of the generals have the worst patterns out there. Think about where we're at today and then add into the mix these ingredients: Stocks like KREM and CIEN haven't really broken down yet. Look at MVSN which has formed a giant H&S pattern yet to break hard. MSFT ready for more of a substantial downturn. YHOO, ARBA and NTAP just took out previous support. AMZN yet to pay the piper. Plus the way the chips look I believe the path of least resistance is down not up. INTC could very well show its hand on the next down turn.

I still think this coming week is going to tell us much.
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