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

To: marketbrief.com who wrote (2284)	8/1/1999 8:18:00 PM
From: TraderAlan	Respond to of 18137

S$, <Everyone and his grandma is looking at those monstrous head and shoulder tops and imagining the worst> Just to screw your brain further, everybody always sees head and shoulders patterns these days but that probably won't effect the ultimate outcome because counter-intuitive trading can only delay a breakdown, not reverse it (that requires accumulation after the short squeeze). And I don't believe the margined players are out of Net stocks. They probably doubled up on the recent bounce. The big market turns are always a war between the obvious and outthinking the obvious. Alan