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Strategies & Market Trends : Drillbits & Bottlerockets -- Ignore unavailable to you. Want to Upgrade?


To: Stoctrash who wrote (2485)2/2/2001 2:28:57 PM
From: The Phoenix  Read Replies (1) | Respond to of 15481
 
I think we're kinda watching the same thing..... I'm watching 2650 - if we print that we're screwed... could see 2350 again. Crisco is key - I agree.



To: Stoctrash who wrote (2485)2/2/2001 2:55:54 PM
From: The Phoenix  Respond to of 15481
 
FredE,

Seems to me QQQ is OK so long as it doesn't bust that BSL. So 62 is OK... it's 61 that'll hurt. The double bottom break isn't as significant as the double spread and BSL violation that would happen at 61. In other words - there's still good support there.

In fact a bounce from these levels could be read as very bullish...

OG



To: Stoctrash who wrote (2485)2/2/2001 4:04:50 PM
From: AugustWest  Read Replies (1) | Respond to of 15481
 
I think we might get to see Pisani panic next week.

He kept repeating to the camera all day don't short a dull market

And Costello kept saying that there is no sense of panic right now.

No doubt. Looked like they were selling orderly. LOL