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Politics : High Tolerance Plasticity

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To: energyplay who wrote (7552)9/7/2001 4:54:58 PM
From: MetalTrader  Read Replies (1) of 23153
 
it feels like you are right on energyplay. Today's action saw fat and happy shorts closing tech positions I believe. Likewise there looks to be big downside in what's worked the past year. A number of objective shorts in the "conservative" stocks. Builders formed the reversal patterns I've been waiting for last night. Could it be building buying power for going shopping for tech?

Valuations on tech still look non-compelling and momentum clearly negative. Just a feel. Just to let you guys know I am not without feellings <s>. Not buying, but tempted nonetheless.

mt
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