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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (34214)10/4/2000 1:41:42 PM
From: Jerry Olson  Read Replies (1) | Respond to of 50167
 
I am short NTAP at 117..looking for more...



To: GROUND ZERO™ who wrote (34214)10/4/2000 2:06:42 PM
From: PMG  Read Replies (1) | Respond to of 50167
 
NDX, SPX, DOW making higher lows, higher highs intraday today. I do not see why you short this now?! I guess if we keep this level so-so till the close there will be another attempt to rally tomorrow...

PMG:)



To: GROUND ZERO™ who wrote (34214)10/4/2000 2:24:18 PM
From: Chip McVickar  Read Replies (1) | Respond to of 50167
 
Lower..!

The Nasdaq looks terrible...an important support area was broken recently at 3600 and the 'v' of the "M" formation.
I now expect a retest of 3000.

Also, unless the major players in the Nas can move, I don't believe the Dow/S&P can move much higher either. If the Dow closes lower then 10785 on the 30 min charts at 2;30...it should close near the low of the day.

I'm expecting some consolidation for a few days on the lower end for all the markets. There needs to be some positive news from somewhere that ends the uneasiness. Maybe by the middle of October....say the 16th we could start up again.

BUT THEN...all this Portugal Sun hasn't warn off yet. <smile>