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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (26933)4/10/2000 10:47:00 AM
From: Jorj X Mckie  Read Replies (1) | Respond to of 63513
 
OOOOOOOOO!!!!
Hope you picked up a little sun in the islands. I am using the naz as my market gauge right now and I think that we could sell off a bit....maybe back to 3800/3900. SPX support at 1480 looks good....I don't know the current translate to spoo number.

KLIC, I think that it needs to pullback to 61ish at least to fill the gap, but the potential for a bigger pullback is still there on the chart....no support until 44. And it bumped its head on the breakdown point at 66. Like you said, the semis seem to all have found resistance and backed off.

I took profits off the table today. It looks like there is rotation into the dow and I think that could precipitate the naz testing of the lows.

I did buy EIX today.