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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (31069)9/26/2000 1:36:04 PM
From: dennis michael patterson  Read Replies (3) | Respond to of 42787
 
Paul, Todd on TheSTreet.com wrote shortly after 1pm today that large short positions were being put on large cap tech. He made the point that if the level of which you speak is not broken, we may see a short-covering rally into the close. Of course, if the level IS broken, well, who knows how far down we might go.



To: Paul Shread who wrote (31069)9/26/2000 2:04:32 PM
From: donald sew  Read Replies (1) | Respond to of 42787
 
Paul,

Too many bearish CANDLESTIC patterns recently. And too much complacency as implied by the VIX for this to be the bottom.


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