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To: chic_hearne who wrote (11160)10/2/2000 5:30:59 PM
From: Monty LenardRespond to of 275872
 
I tell you it had a Tweezer Bottom working for it at 23 but the break below there is not a good sign. You may very well be right that it goes to the teens.

On the daily chart there is support at 21 7/8 with the next level at 20 3/8 then 18 3/4.

The other indicators are bottoming out somewhat and normally this would be a buy from a pure technical standpoint for THIS STOCK but as you say the weight of the market may pull it on down. There is no support in a bear market.

I tried the late this afternoon QQQ long and got just a bit of a bounce but immediate selling hit so I had to back out and reentered at 86 to see if we can get a bounce early.

Kinda a hedge really against my shorts.

Monty