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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?


To: country boy who wrote (1026)4/3/2000 12:42:00 AM
From: Duane L. Olson  Respond to of 4564
 
CB... Thanks (I think) <G> You pretty much nailed what bothers me so much about the Naz... Unlike that previous double top, this time it broke through support...
Then, because I don't have enough to make me nervous, you point out that a few stocks are still managing to hang in within 5% of their highs.... Doesn't that sound sort of like a growing divergence?...sort of?....
Then I see really great growing stocks come out with great news, and they tank... Just to get away from the semis for a second, look at the SW darlings: SEBL CTXS, BVSN NEON MCTR TIBX.. Most of these have fantastic prospects -- and they have real earnings! (gasp!)...So they announce new alliances with shaggy companies like IBM, SUNW, etc, and they take off another 5%.....
Time for another beer...this is getting depressing...
and the Naz is due for a more serious tanking, even before I finish sipping the tankard....sort of
tso