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To: Perspective who wrote (18136)9/13/2000 8:57:43 PM
From: AllansAlias  Respond to of 436258
 
BC,

CSCO is already in the ward. Don't be sidetracked by the noise. Let's see if it can crawl back up into that wedge. The down move may be a head-fake, one never knows, but serious s-t damage has been done to this chart.

I love the look of the ORCL chart. I think it wants to give badly. SUNW looks stronger to me.

There is no question that we had a nice bullish response to the clarion call for fresh troops, but, these are early days imo. Those rising supports keep getting closer as we go right. -g

I am a little surprised at the continued weakness in MSFT. I would have thought it would be better defended.

I am not impressed with the NT bounce. All that volatility, especially late Jul/early Aug, is trying to tell us something.

Buck has to give. End of story for me.

Technical pullback in energy complex might provide some relief as we cruise through expiration and into heavy election season.

In the end, as I have said many times, I could care less if it goes to 5K -- it would be an incredible opportunity to get short.

At this point, I see no reason for this rally to stop. I think we agree that some interesting damage was done recently. Perhaps it pays in a week or two.