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

To: drsvelte who wrote (28453)	9/26/2000 12:13:08 PM
From: shasta23	Respond to of 68084

HI DOC! No Sold too early! DIdn't wait for all the brokerages to load up before they can upgrade. Should've smelled that coming. Market wise i'm getting a little pessimistic. That might be a sign of a bottom or is it reality kicking in? The reaction to INTC's warning seems massively denying a problem. Major player tells us about problems and it's business as usual...I don't think so!! Therefore i'm in CLINT's camp and don't see right now where a catalyst should come from to bring this market higher. The Telecom market just by itself is not strong enough and these stocks are already overvalued. I guess they are rising now since everybody perceives no further rate hikes at stake and maybe on the contrary lower rates in the cards to stimulate the economy if we get a stronger downturn than expected. Stefan