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Pastimes : Trading the markets..... -- Ignore unavailable to you. Want to Upgrade?

To: GROUND ZERO™ who wrote (2628)	1/13/2001 1:09:10 AM
From: Moominoid	Read Replies (1) \| Respond to of 4583

Exactly, a little effort to go through the line and maybe a retest and up another 400 points. Of course it could fail. It's a rising neckline inverted head and shoulders. Very bullish. Check the volume on the SPYs or QQQs. It peaks at each bottom exactly as the pattern requires. Take a look at the bottom last December to March in SWY: siliconinvestor.com A much longer pattern but very similar. Pretty much hits the projected target in April and then pulls back and consolidates. The S&P 500 has some catching up to do. Stocks like Safeway or BRK are falling on no news (except the economy). I think that could be money rotating into tech? I mean Safeway sells FOOD and unemployment is at 4% and lower interest rates should be good for its relatively high leverage. David