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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: J.T. who wrote (5471)12/6/2000 1:06:53 AM
From: bobby beara  Respond to of 19219
 
oh ya jt, i forgot to mention i got a version of my front page newspaper headline about the markit slide on friday, not the main event, but i live in the southern burbs in LA and there is a daily that is big competion here against the LA Times, they had a top line front page story with the nasdaq chart, titled "Market rattled by earnings, economy"

though this is not the LA Times, which has been giving the presidential election more coverage as most media has, i believe this is probably enough, considering recent market action, for at least a bear market rally, hopefully one that will last longer than a coupla days -g-



To: J.T. who wrote (5471)12/6/2000 10:06:59 AM
From: J.T.  Respond to of 19219
 
Sold YHOO at 41 1/2 for net 3 1/2 points.

I have seen enough of this... taking the scalp.

Best Regards, J.T.



To: J.T. who wrote (5471)12/6/2000 11:51:30 AM
From: J.T.  Read Replies (2) | Respond to of 19219
 
INTC this pos can't even hold yesterdays gains and is now lower than my second purchase INTC 33. Now at 32 5/8.

Chart looks ugly as sin a rollover dead dog act... got lower to go near-term just hoping for a dead cat bounce today or tomorrow.

This sucker gets back above 34-35 minimum and I am outta this pos. Take my total net losses and run.


...<I have averaged down and bought more INTC at 33. Average cost basis reduced to 37 3/4>...

Best Regards, J.T.