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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: Trading Machine who wrote (8315)5/2/2000 9:32:00 PM
From: MonsieurGonzo  Read Replies (1) | Respond to of 11051
 
rather than T...

...look at UMG and LMG.a because they tend to track T 1:1. Looks like T is being pulled toward ~37.5 imho. T's chart is busted; that candlestick formation on UMG is called a bearish kicking pattern - kicking usually has mo in the direction of the kick, Paul - though a DeadCat bounce is certainly possible.

Market hit its head on the apparent DownTrend Line on our TMW.X - Wilshire 5000 Total Market Index chart, and promptly turned around. Because of the NDX : SnP divergences, etc., this chart has been useful to me.

I sold some stuff yesterday, and wish I'd sold more (^_^)

-Steve



To: Trading Machine who wrote (8315)5/3/2000 10:25:00 PM
From: Berney  Read Replies (1) | Respond to of 11051
 
TM, My first thought when I found out that I had been awarded this DIAmond mine was

Damn, I missed the bottom. Of course, then came the second thought ... do I want them? I think I'll use stops on this one! The minimum "bull" trend line held. If it breaks, I think I'll watch.

I've been inside looking out, and wishing I was out, and outside looking in, wishing I was in. There are times when outside is better!

TB


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