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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Sarkie who wrote (43959)	7/6/2000 11:01:32 AM
From: Jorj X Mckie	Read Replies (3) \| Respond to of 63513

MRVC is hurting me today.<p> I am now officially looking for the exits on all of my long positions. Not panic selling, but I am now 90% convinced that we had a bear market rally and that the top has been set.<p> Again, not panic selling, but my caution level is pretty high NASD 20pt and larger charts still intact though. 4080 4080 4060 X 4060 4040 X O 4040 4020 X O 4020 4000---------------------------------------------------X O --------------------4000- 3980 X O 7 3980 3960 X O X X O 3960 3940 X O X O X O 3940 3920 X O X O X O 3920 3900---------------------------------------------------X O X O X O ------------3900- 3880 X X X X O X O X O 3880 3860 X O X O X O X O X O X O 3860 3840 X O X O X O X O O 3840 3820 X O X O X O X 3820 3800---------------------------------------X O X O X O X ----------------------3800- 3780 X O X O X O 3780 3760 X O X O X 3760 3740 X O O X 3740 3720 X O X 3720 3700-----O X O X O X O X O X O X O --------X ----O ------------------------ Med3700- 3680 O X O X O X O X O X O X 3680 3660 O X O X O X O X O X O X 3660 3640 O X O X O X O X O X O X 3640 3620 O X O X O X O X O X O X 3620 3600---------O X O X O X O --O X O --------X ----------------------------------3600- 3580 O X O X O X O X O X 3580 3560 O X O X O X O X O X 3560 3540 O X O X O X O X O X 3540 3520 O X O X O O X O 6 3520 3500---------O X O X --------O X O --------X ----------------------------------3500- 3480 O X O X O X O X 3480 3460 O X O X O X O X 3460 3440 O X O X O X O X 3440 3420 O X O X O X O X 3420 3400---------O X O X --------O X O --------X ----------------------------------3400- 3380 O X O X O O X X 3380 3360 O X O O X O X X 3360 3340 O X O X O X O X 3340 3320 O X O X O X O X 3320 3300---------O X ----------------O X O X O X ----------------------------------3300- 3280 O X O X O X O X 3280 3260 O X O X O X O X 3260