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Technology Stocks : Ariba Technologies (Nasdaq-ARBA) -- Ignore unavailable to you. Want to Upgrade?


To: Kracko who wrote (1372)11/2/2000 8:54:53 AM
From: Spytrdr  Respond to of 2110
 
hehe, indeed.
and not only that, this guy also got caught in ARBA's fast dive from the obvious double top (he was recommending it as a long then).
screaming double top on the 1-year chart, one of the more reliable chart patterns, and this technical analysis expert GOT CAUGHT.
ARBA is acting weak, yes, but november is here.
as i said, it's not advisable to short during november and maybe also december, much better opportunities on long positions.
just to mention one: DCLK, from $ 9 to $ 18 in a week.
i didn't play it, but you get the picture.