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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?


To: MonsieurGonzo who wrote (6700)9/1/1999 11:50:00 PM
From: Berney  Read Replies (1) | Respond to of 11051
 
MG, There's some nice TA in that post!

What really entertained me is your end of quarter comments. I projected a peak in the second week of October. That's almost unreal!

Yep, I know retail tanked. I feel that one up close and personal. It was interesting that BBY couldn't penetrate that 60-min channel line. The numbers tomorrow will tell this story. To me, it just sounds like a sell the rumor, buy the news. We'll see!

Drugs look like vulture bait. In any case, I wouldn't have them in the B&H category. I'm more entertained watching which ones move the most in the direction of the flow.

I really do appreciate your comments on the Datek shorting limitations of SPY and DIA. I just haven't given up hope that I can pick them that will move better; but, I'm getting closer. I seem to get the Market direction fairly well, but lose it in the horse.

Sideways? Since 7/2 (I know it's a strange date, but it was a Friday), the S&P is down 5.1% before today's action. It's tough to play long in that kind of environment. I'm clearly positive and ahead of that game, but it has still been tough.

Isn't it interesting to see all these Bear side analysts being "retired".

TB (I think)



To: MonsieurGonzo who wrote (6700)9/2/1999 8:39:00 AM
From: Trading Machine  Read Replies (1) | Respond to of 11051
 
MG, I like it!! "When in the middle strangle it"!! Great.

Patience - when this right shoulder finishes forming, which may be today, we will see which way its gona go. My bet is down for a few days, the reason is the three black crows at the TOP of this rally. I have to agree with Donald, this is some powerful juju (I think).

Soooo, belly up to the bar boys and sell dem shorts!!! No not the underwear kind...ggg

CU TM