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


To: Suresh who wrote (27017)6/14/2000 3:57:00 PM
From: j g cordes  Read Replies (1) | Respond to of 68255
 
Anyone (rhetorical question) know more than me about Brooks Automation? BRKS

Those opticals are vertical! Everyone piles on until it falls over.



To: Suresh who wrote (27017)6/14/2000 4:01:00 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 68255
 
Suresh,

The sector is showing light profit taking today, but with options expiration on Friday I would expect that as people square their positions.

MRVC is still showing strength. As a laggard of the group, as long as the momentum is still with the stock the intermediate trend should be up. I expect re-tracement that can be played on the short side that you can benefit from though.

The psychology is slowly repairing itself. If we get by the Fed, earnings should get us moving again for a few weeks.

It sure has been an amazing market.

Are you still in FDRY? Nice double !!!