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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Lee Lichterman III who wrote (22380)3/16/2000 5:34:00 PM
From: Chris  Respond to of 42787
 
Yes.. i agree what we have is more "sector rotation". Notice the old techs (that have lagged) are moving much better than the highflying techs.

I'll post some charts tonight comparing different stocks.



To: Lee Lichterman III who wrote (22380)3/17/2000 2:44:00 AM
From: Chris  Read Replies (1) | Respond to of 42787
 
DOW: i think we are going to hit some resistance areas around the 50 sma and 200 sma area. those will be around 10,700-10,800 areas.

NAZ: im still not convinced the downtrend is over. (again, im still waiting to see if money goes back to new tech stocks or stay with old. so far, old tech won the money flow battle)



To: Lee Lichterman III who wrote (22380)3/17/2000 8:34:00 PM
From: Chris  Read Replies (2) | Respond to of 42787
 
msft looks like an explosive setup.

102 taken out, 112 next.

today i noticed more gains in old techs vs. new techs.
im seeing more buy setups in old techs.

AOL also nice setup

note/disclaimer: im in aol and msft already.