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Technology Stocks : Full Disclosure Trading
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To: Return to Sender who wrote (7923)2/19/2004 4:25:33 PM
From: The Ox  Read Replies (1) of 13403
 
OT

I agree the transports need to be watched but they haven't had a rest in a very long time. I wouldn't be too concerned just yet but they should be tracked closely. There are a lot of similar charts where the stock or index looks like it is breaking down but its come a long way without a decent correction. My take is that a decent correction could occur in many of these charts without breaking the long term trends. Each case needs to be looked at individually, as well as within the context of it's sectors performance.

I like ESWAY's buying late in the day. It should pay off nicely tomorrow unless the big dump arrives.
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