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Technology Stocks : INTEL TRADER -- Ignore unavailable to you. Want to Upgrade?

To: John Harton who wrote (9274)	3/19/2001 10:08:29 AM
From: Trading Machine	Respond to of 11051

Well, yeah, glub, glub, glub!!! Don and I had an exchange this weekend over the NDX Doji Friday. He appeared, to me at least, to be a little bullish. We talked about the need for the NDX to gap up Monday to create a Morning Star formation which would be a clear reversal pattern. Obviously it didn't happen. I therefore have to conclude further negativity from this, i.e., the trend continues. I have been trying to fight the trend several times now and each time I do, I get whacked!@#$%%@$#%^ Barf. If/when I get out of this one, I will wait for a broken daily downtrend line before reentering. That event may take a while. I guess I just don't have any confidence that the Fed can control the situation any longer, DUBUAH and the boyz don't instill any confidence in me either. This morning his energy Zar was on tele, and the only thing the guy could come up with was how many problems there were. Can't use the strategic oil reserve because we don't have the refining capacity and we would have to export the oil. His solution was to go explore some more, boy, I wonder how many years that will take?! Maybe by the time we discover some more oil and pump it to the surface, more refinerys will have been built and be sitting there waiting for the oil to flow..... Wanna BET? On the issue of electricity, no answers, short or long term. Negativity at a time when folks are looking for anything positive. George was installed by big business and now it appears that he is controlled by big business, what that has to do with the problem at hand I don't know!! ggg So there - no more soap stuff! ggg The bottom line is that I don't see a catalyst, this is nothing new though, ralleys usually don't need a substantial one anyway. I do see some more down though, through the DOW breaking the diamond and the NAZ refuting the Morning star formation. BWDIK? CU Paul Kellam