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To: Lucretius who wrote (10564)8/12/2000 11:29:58 AM
From: Les H  Read Replies (1) | Respond to of 436258
 
I have potential reversal in TTH....price-momentum and price-volume divergences. Guess that goes for WCOM, SBC, T, GBLX, and the rest. Homebuilders have shot their wad. Most are at or above their usual extension from the norm, and at best go sideways.



To: Lucretius who wrote (10564)8/12/2000 1:40:15 PM
From: chic_hearne  Read Replies (2) | Respond to of 436258
 
Re: MO's bounce looked like so many goldshare bounces i have seen over the last couple yrs.... bear bounces...

luc, if a well known ANALyst on Friday said that gold was set to recover because of the BoJ rate hike, would've you shorted the bounce or thought gold might really be moving? That's just what you did to MO. Many ANALyst's are saying the worst is over and the street wants to buy MO's story, this is more than just a little bounce on a chart IMO.

chic