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Strategies & Market Trends : The New Economy and its Winners

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To: 16yearcycle who wrote (7778)	6/30/2001 2:06:29 PM
From: Bill Harmond	Read Replies (2) of 57684

Yes, it looks to me like that too. Nice double bottom in the oscellator, and triple bottom in the summation index. Welcome to January, 1995! Now I'll see if my plan was worth the expense! Duh. Yesterday's 4-5 hour was a turkey shoot for day-traders, though there were moves on big volume. Look at SignalSoft and Terayon as examples. The shorts are in trouble now, IMO. This decline was so abjectly horrible that anyone holding short positions can get hurt like 1998-99. BTW, I was glad to hear Scott McNealy say that Sun will retain as many employees as possible even if it means a small hit to earnings. He's seeing across the valley and betting his own money on it.

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