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To: Jim Willie CB who wrote (15421)4/20/2000 2:54:00 PM
From: Jeffry K. Smith  Read Replies (1) | Respond to of 35685
 
JW, thanks very much. Good thing I'll be out of EMLX today, then, eh?

I understood all you said, except "the 18MA, 30MA, and 50MA all look SCAREY" - how is it that they look scary? What attributes do they have that you give them that name?

In my exceedingly feeble grasp of TA I thought the lines crossing under 20 (stochastics?) were a positive sign - yet I gather I should be considering more measurements - like relative strength?

Thanks again, Jim. I'll never get to your level, but I am at least looking at charts these days.

Best,
Jeff Smith



To: Jim Willie CB who wrote (15421)4/20/2000 3:16:00 PM
From: she_x  Read Replies (3) | Respond to of 35685
 
JW where are you?

looks like we're just bouncing off 3600 and the 200EMA. trying to find some support. looks extremely encouraging to me. i really think this says the worst is over. we've seen the bottom and we're going to make an effort to regain some value in the techs next week. also encouraging is the fact that i've had an extreme amount of emails and phone calls from people that ordinairily invest in GM and HAL, etc. asking what techs to look at they have money on the sidelines to put in techs soon. i love hearing that! what's your take? does this support look like it could hold up? is it too early to start celebrating? is greg a reliable contrarian indicator <g> where's jill? where's volt's angels? come on baby! show me some confirmation! she-anXious