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Technology Stocks : Full Disclosure Trading

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To: advocatedevil who wrote (5137)4/17/2003 9:02:47 AM
From: Return to Sender  Read Replies (2) of 13403
 
AMAT BC 1000 shares at 14.05 - Out even

I think what is most important here was described quite aptly by Jacob. The market is failing to rally much in the face of better than expected earnings from the majority of technology companies.

According to Amateur Investor's Midweek Update the DOW has actually broken below its recent upward trendline:

amateur-investors.com

Can the market still rise in the next couple of weeks? Sure but odds are against it being the start of anything big.

Sentiment shows too much bullishness and complacency.

As for today those doji's on the Nasdaq and NDX yesterday make today highly likely to be a down day.

JMHO, RtS
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