Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: StockOperator who wrote (75091)	3/6/2001 8:06:26 AM
From: StockOperator	Read Replies (3) of 436258

This is a big day. For the past couple of weeks at least I have been talking about how stock prices (tech) should be contained in the first qtr. time frame. With yesterday's rally and what looks like a gap opening this morning, prices are running into some major resistance. Resistance that tells me that this upmove "should" be just about finished (especially the chippers). That is why I believe today's trading will tell us a great deal. Watch how stocks close today relative to their open. A negative close will open the door for prices to make a nasty reversal. On the other hand if prices close strong today and for the week it would force me to change my opinion. Good trading.

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