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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: Clint E. who wrote (26131)4/14/2000 1:38:00 PM
From: j g cordes  Read Replies (1) | Respond to of 70960
 
Sorry Clint, I've been through this kind of market on many occasions which pre-date day traders, pre-date the internet, indeed pre-date much of the electronics industry.

If day trading seminars, which I thankfully haven't attended, point out that the dichotomy between price levels and momentum can be opportunities in a fast market.. we've all known that for years and its old news and a funtion of the structure not the composition of the players. A fast market will also take out a market makers stock of shares as if a pricing dam had been broken, running shares up or down very quickly.

In any case I've no intention of making this a sticking point in our mutual quest for market enlightenment. I've been nimble enough to have done ok so far with my limited understanding.



To: Clint E. who wrote (26131)4/14/2000 1:39:00 PM
From: xcr600  Read Replies (2) | Respond to of 70960
 
Well I went in RFMD, NTAP, others.. Missed BRCM others..

CNBC TOm Costello with his usual rant about how the rally can't hold, it's Friday, blah blah blah. Bang, instint selloff on the Naz. This is frustrating.