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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: - who wrote (2270)8/1/1999 6:12:00 PM
From: KM  Read Replies (1) | Respond to of 18137
 
I just have a little nitpick with this. Since when are ADBE and QCOM Internet stocks?

Otherwise, total agreement. Bombs away.



To: - who wrote (2270)8/1/1999 8:00:00 PM
From: marketbrief.com  Read Replies (1) | Respond to of 18137
 
Everyone and his grandma is looking at those monstrous head and shoulder tops and imagining the worst... it won't happen imho, precisely because I've seen a gazillion talking heads yammering about it.

The issue of margin is such a bogeyman. The margined players are already dead and gone, flushed out by the crush in late May - mid June. And as everyone knows, there is no overnight holding done by the vast majority of the direct access players.

~Smart$



To: - who wrote (2270)8/1/1999 8:09:00 PM
From: Dominick  Respond to of 18137
 
P.A.T:

Per the weekly and daily charts XLK & QQQ, also are approaching a major support area. QQQ needs to come back to form the right shoulder.

My plan "A" is to buy at these levels for the bounce. The timing depends on when the market says. And yes I do have a plan "B".

Exciting times ahead,

Dominick



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