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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Winston Lee who wrote (67565)1/24/2001 12:32:01 PM
From: KymarFye  Read Replies (1) | Respond to of 99985
 
Took profits on PMCS already... two or three times, come to think of it... you could be right, but, then again, dropped pretty fast after getting on the other side of 111 for a little while - along with the rest of the Nasdaq. I share your generally positive feelings about the action (how could I not? - even with my broker in and out of service and numberless other problems, it was hard NOT to make money today), but don't get too blown away... Pullback scenario developing, has still to play out... could just be lunchtime, but, if for some reason 2860 can't hold through the close today (seem to be checking it as potential support as I write), may have to be satisfied for the week with having tested upper resistance.