> Look, it held...so far..
I almost bought calls today, but I don't think it'll hold,
bollinger bands notwithstanding. drugs, tech, numerous
sub-tech indices, banking & financial, reit, -- all gave
up the fight today.
What held, interestingly, was mdy. of course the major
indices held up, but MSFT, DELL, CSCO, AOL, all closed
near their lows, and rallies in the likes of KO met
resistance.
Finally, the bottoming/reversal process which has been
working itself out since OCT 1st broke down:
tscn.com
It's subject to interpretation. I don't think that's a triple
bottom - rather a diamond that lost its edge. You were right
about the fire dept though.
Shahar |
