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Strategies & Market Trends : The Options Box -- Ignore unavailable to you. Want to Upgrade?


To: Poet who wrote (7210)11/15/2000 7:36:03 AM
From: Rich1  Read Replies (1) | Respond to of 10876
 
Not good...



To: Poet who wrote (7210)11/15/2000 9:30:07 AM
From: X Y Zebra  Read Replies (1) | Respond to of 10876
 
Advance declines finished
positive around 2:1 but the light Nasdaq volume bothers me.
Until we see 2.2-2.4 billion shares we will not know if it is for real."


Good morning Poet,

Well, it is not looking good this AM...

I am sure most know this already, but just in case...

Fundamental stuff on NTAP (conference call notes and responses from the NTAP thread:

Message 14809808

siliconinvestor.com

Downgraded:

Message 14812609

Well, Looks like yesterday was a reaction to the prior downdraft and today looks another downhill trip. The futures are getting deeper red as we near opening.

The above may also affect EMC and possibly SUNW. I look at the COMPQ, NTAP and SUNW charts... they look like all three were drawn by the same artist... Possibly an impressionist, [because the longs might be cutting their ears off -g-].

It may prove to be a good set up for later in the week or next week....

Good trading to all.