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To: chic_hearne who wrote (23622)10/2/2000 2:19:22 PM
From: Efthymios H. Zacharias  Read Replies (2) | Respond to of 436258
 
This could be a trap for the bears. A successful retest of the lows intraday followed by a ferocious PPT rally and a lot of short covering this afternoon and tomorrow. Intel is very strong around 40.

Hope we just melt but am worried.



To: chic_hearne who wrote (23622)10/2/2000 2:26:17 PM
From: AllansAlias  Respond to of 436258
 
You may be right. I see no big down today.

In my timeframe long looked right and, as I said, that's what I is for now. If 3470 falls I am out.

I'm just on voodoo machine auto-pilot on this one. (Pssst... I have not told it yet that we were 5 points shy of its downside target. If i tell it I will be chastised for being long. I'll break the news to it over dinner.)


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