To: Boplicity who wrote (51163 ) 11/20/1999 12:16:00 AM From: Jim Willie CB Read Replies (3) | Respond to of 152472
your attention should be down below, not above as we close this week, mon ami volume spiked nicely as the 3/8 mark of 335 experienced an overshoot... heck, it is all approximate anyway... 335, 329, who gives a shit? .. what is a percent or two among somewhat nervous shareholders? your eye is on resistance when it should be on support, which was rocksolid... on a closing basis, this gorilla only took a seat for a three-day breather the decreasing volume is characteristic of scraping and carving out the bottom, pure and simple... I cannot even look at this chart and call it a bottom... heck, it was a pause backstep... focus on the support here at 335 if you insist on fixating on resistance, look upward to 395-405... that is where the next battle will be fought... I expect it to be like pushing over hedges marching with wide gait the week was shot with the FOMC meeting and the broken shorterm movement... no big deal... the event was a good excuse for a break... I just wish I kept the FOMC more in mind when I overpaid some January calls on Monday... I goofed, but will be forgiven in the next two weeks the objective on Thursday and Friday here was to regain balance, not to establish momentum, eh? .. so what if we hit resistance this week at 365-370? .. dont bother me... I just want QingQong to stand and walk, not run after getting pushed into a sitting position next week we have a new objective... plenty of rest over the weekend, an ending of federal ill winds (my nether winds are worse than what we witnessed), regain composure... on a closing basis we saw about a 10% decline... the objective next week is to shake it off and take a step or two before dining AFTER THANKSGIVING THE GORILLA GAINS TRACTION you want news, you will get news... you will be blown over by news, big news... the Houses wanted this stock so bad two weeks ago, they tripped over each other, raised FY2k estimates twice in one week, said no price was too high, called it the next Microsoft, deceived so as to seize... give me a break... one week doesnt stop that kind of desperation next: NOKIA, SIEMENS, CHINA, and maybe something wild like CISCO you dont buy that shit about Cisco developing independently a parallel highspeed data transmission wireless infrastructure, do you? what we are likely to see is something utterly astounding THE ONLY THREE KNOWN GORILLAS RUNNING ON THE PLANET --- INTEL, MICROSOFT, CISCO --- ALL SUPPORTING THE NEW ALPHA GORILLA I wear myself out what a week, tired as hell where is my snifter? / the Qartesian Jaqass