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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: stan s. who wrote (99773)4/24/2000 10:33:00 AM
From: Marshall001  Read Replies (2) | Respond to of 108040
 
stan.. Looking like there is no strength at all rightr now. Nobody stepping in to buy. Same problem as two weeks ago.

Could see our lows as soon as tomorrow. I sold everything I wanted to sell when we tried to poke our heads up around 10:00.

Good Luck, I am 88% cash. Took some losses from positions held over the weekend. Stupid.

M



To: stan s. who wrote (99773)4/24/2000 10:35:00 AM
From: Mike E.  Read Replies (1) | Respond to of 108040
 
Still holding some hope to rally to regain 3539 by close....

Well, so far today it has treated 3500 like a line of resistance. I'm pretty negative about today's NASDAQ and haven't seen anything yet to change my mind. Have you been monitoring the volume?

I'd urge extreme caution for daytrading till a solid upturn is in place...

Absolutely!

Mike



To: stan s. who wrote (99773)4/24/2000 2:08:00 PM
From: stan s.  Read Replies (2) | Respond to of 108040
 
Nasdaq appears it's headed to test the low of the day at 3395. Be very careful if you're trading long if it breaks below. Look at the downside risk.