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Technology Stocks : TheStreet.com, Inc. (TSCM)

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To: bob wallace who wrote (1438)3/4/2003 12:38:33 PM
From: Jack Hartmann   of 1822
 
Program trading was one of many causes in the 1987 collapse. There is always a bull market in some stocks. I don't buy his thesis.

"A market dominated by program trading is not a market that can be read and ascribed human emotions. "

I think he fails to look at volume as an indicator of a reason a stock rises and fall.

One could look at the BRCD chart and see the clear downtrend for this Nasdaq 100 stock.

stockcharts.com

On the long side, DISH is in a clear up trend since August.

stockcharts.com

Jack
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