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

To: Galirayo who wrote (35081)	11/8/2000 12:24:14 PM
From: StockOperator	Respond to of 42787

Ray, <<<I'm thinking that bets were placed ahead of the election and it's outcome. Since we have no real outcome yet...some of those positions are being closed.>>> I'm sure there is some of that. But yet the structure of the charts overall have been building for months. I think when you look back at what's happened to companies like AAPL, INTC, PCLN, COVD and then you weigh in the Fed's position this past year, plus the debacle in the internet sector and now the opticals. You get a sense that we have been in a market that is less tolerant of expanding multiples. Who really knows? One thing for sure, they will put the proper spin on it when it's all over. Oh ya, I don't Mickey or Minnie want any part of that. They're probably sitting on the beach with their laptops and phones shorting the QQQ. gg Good trading. SO