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

To: bobby beara who wrote (7084)	10/18/1999 7:28:00 PM
From: MonsieurGonzo	Read Replies (2) \| Respond to of 11051

bb:" I hear you, dude " important thing is to make money - that's why we're all here; that's why we respect your judgement so much. Since July, the SnP has been following an apparent DownTrend, trading-range "channel". It helps me when I flip my SPY chart upside-down (^_^) Today the SnP poked out the over-sold region of this channel and made an apparent hammer. otoh, the NAZ's intermediate-term UpTrend is still intact; today it dropped down to QQQ ~115, filled a little gap on QQQ chart, 20~23-AUG. It's difficult to trade well when there are not only NDX : OEX divergences but also, "outside forces" = focus on cost of kapital rather than projected earnings growth - affecting equities. Long-Term, I'm bullish, so I'll accumulate stuff. Intermediate-Term, I'm bearish, so I'll sell CCalls into any rally. Short-Term, I haven't got a clue (^_^) for I have no idea what effects economic indicators or, stock earnings news will have on the stock market. fwiw, Berney and I are also contrarians, position traders, bobby. -Steve