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To: Jerry Olson who wrote (1927)10/16/2000 12:19:18 PM
From: bobby is sleepless in seattle  Respond to of 8046
 
observing charts only, you bet...going with seasonal factors, time to reverse up...the 17th as the date mentioned...

nibbling here and there with 1/4 psotion longs,,,if we go to the lows, perhaps pierce, i think we attract the buyers...

but the fat cats know more than us. Could be salivating knowing full well the larger economic picture,,,the absorbing of the rate increases, the unrest with oil,,, pehaps is not complete.

we have so many bulls/bears at at crossroads, so methinks if Abbey says we are undervalued by 15%, we go up...?

looking at the monthly of compx and ndx, the parabolic suggest we pull this mutha a bunch lower than 3000...



To: Jerry Olson who wrote (1927)10/16/2000 12:26:43 PM
From: SirRealist  Read Replies (1) | Respond to of 8046
 
I think we're safe today; retest comes later in the week... Not only do we have INTC report AH Tues, but anyone notice that big mutha MSFT... not rallying into Wed AH earnings.... that says Wed/Thurs will suck going into triple witch Friday.

Add CPI at Wed open and Fed Guvs flapping jaws all week....