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To: Gary M. Reed who wrote (36456)11/11/2000 2:54:50 PM
From: patron_anejo_por_favor  Respond to of 436258
 
Nice point here on Security Trader about the Soxx..it was setting up in a bullish wedge on Thursday. Although they didn't update Friday's chart yet, clearly the SOXX broke lower, invalidating the wedge.

securitytrader.com^SOXX&ChartID=12867&ChartType=D

Bear markets can stay oversold for prolonged lengths of time....



To: Gary M. Reed who wrote (36456)11/11/2000 3:18:16 PM
From: patron_anejo_por_favor  Respond to of 436258
 
Does anyone have the commitment of traders report #'s from yesterday? Inquiring minds want to know....<G>



To: Gary M. Reed who wrote (36456)11/12/2000 12:15:28 PM
From: maceng2  Read Replies (1) | Respond to of 436258
 
Some very interesting points in your post. However, I would like to add a little. Don't under estimate J6P. He / she will only take so much "advice" before they start thinking for themselves. J6P did not invent linear thinking,. I know I'm going to get ripped for saying this...but I put accountants in that role. The true clowns are probably in the banking / investment community. No disrespect intended (I mean that BTW).

regards,

pearly.



To: Gary M. Reed who wrote (36456)11/12/2000 6:56:31 PM
From: NOW  Respond to of 436258
 
Yes but my CFP told me to buy and hold...