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Strategies & Market Trends : Bill Wexler's Profits of DOOM

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To: Bill Wexler who wrote (218)3/3/1998 4:33:00 PM
From: Jim Roof  Read Replies (1) of 4634
 
Today's drop, while not pleasant, violates no trendlines nor does it change my analysis from a technical perspective. My analysis is not short term and you know as well as I that BTIM could be up 2 tomorrow. My overall technical picture of BTIM is that the move from the mid 20's to the low teens has been on decreasing overall volume and is not necessarily the reversal of a long bull trend into a bear trend. And as evidenced by the link below, insiders are increasing their holdings. Why, oh why? You must warn them Bill!!!!

Message 3585785

BTW, I would watch the upcoming conference on 3/15 carefully.

Jim
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