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To: H James Morris who wrote (111488)10/30/2000 12:38:08 PM
From: Robert Rose  Respond to of 164684
 
Don't follow brcd at the moment, but yeah brcm looks vulnerable. :( As do a number of other toppy charts: jnpr arba itwo bbh come immediately to mind.

I suppose an insistent bull (not that we know any of those, hehe) would say that after such stocks correct, the bottom must be here. I'm less sanguine. After all, the economy is slowing, and how that impacts corporate earnings 3 months down the road remains to be seen. Overvaluation by historic measures continues to provide room for news-driven downturns.... <ng>



To: H James Morris who wrote (111488)10/30/2000 10:29:49 PM
From: Mark Fowler  Read Replies (1) | Respond to of 164684
 
stockcharts.com[H,A]DACAYYMY[DF][PB50!B200!C20!D20,2][VC60][IUD20!LF!LL14!LB14!LA12,26,9!LH14,3]<<
Jim isn't this a beautiful looking chart...you know what that "M" stands for? How about the word Murder! Notice the accumulation/distribution line it looks like we have a long ways to go yet. What you say?