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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: judge who wrote (1161)	1/6/2001 10:49:20 PM
From: bobby is sleepless in seattle	Read Replies (1) \| Respond to of 5732

regn... the weekly shows 30+/- as the pivot, same with daily, and mirrors the pharm index to an extent...double top on the index, not good, right at lower range support. declining volume into the 200 ema might show sellers losing steam. yuppo, could see a bounce here. If it fails, agreed, short city., and see the argument for 15-16 target. 216.59.147.83 one of the concerns we've discussed of late are the defensive issues which could run into a wall of resistance as money rotates. However, if there is continued market weakness, maybe a certain amount of hedging could take place. Will money come back or go elswhere? I tend to watch the pivot action, let's se what happens.