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Technology Stocks : INTEL TRADER
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To: Berney who wrote (9948)7/10/2001 9:52:48 AM
From: John Harton  Read Replies (2) of 11051
 
Berney RE: Captains & Generals

Here's the current P&F status for the big 6

MSFT-double bottom breakdown
GE-bearish triangle breakdown
C-no alert (just below its 50d ema, right at 200d ema)
PFE-double bottom breakdown
XOM-no alert (below 50d ema, just above 200d)
WMT-triple bottom breakdown (I like yer retail idea tho)

Not a pretty picture....although contrarians would say we're setting up nicely. It generally works to play against the herd, however, don't you eventually buy the crash?

Stops or puts you say??

Here's a good one on "stops" and the popularity of QQQ's.

Message 16050434

Not believing this morning's mini move..
Regards
-John
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