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


To: StockOperator who wrote (34320)10/31/2000 10:32:58 AM
From: StockOperator  Read Replies (4) | Respond to of 42787
 
RIMM, RMBS, CSCO, QCOM, GILD, BRCM - all stocks I pointed out on this thread have either begun to break down badly or in the case of CSCO are retesting critical areas. I must admit the DOW has moved higher than I anticipated. The timing of that move is suspect however. I would have preferred to see it in the beginning of the month as opposed to the end. I would remain very leery. If in the case of the DOW we are going to see a retest of those lows I would suspect we should be topping out right here. Look for signs of weakness to develop over next couple of days. If not I will reassess my position. I won't argue with the trend.

Makes no mistakes about it - the charts still look horrible.

Good trading.

SO