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

To: Trading Machine who wrote (9351)	3/26/2001 11:04:32 PM
From: John Harton	Read Replies (1) \| Respond to of 11051

Hi Paul Missed the ride on PFE today She gapped up at the open and I had my entry set for the flag down that never came. Was only looking for a run to 39...39 7/8 so I probably won't try again tomorrow. Lots of indecision spinners on the candles at todays close. I've been playing with an artificial big6 index consisting of GE+WMT+XOM+PFE+C+MSFT(TOTAL MARKET CAP 1.65 TRILLION). Drawing a chart and putting in trend lines, support, resistance etc. It closed at 301 yesterday, I felt it could run to ~311 at todays high and it reached 310.94. :) I'm thinking it might be useful to translate big6 into S&P by percentages to get another look at a possible extent for the S&P turning points. Hey, if the "big boyz rule" how about the really big boyz gggg. >> One thing I have noticed is that when $ DRG is negative, QQQ is positive<< Thanks for pointing this out, Paul. I've noticed something of a similar relationship with XOI & BKX.... As though OPEC has to find an equillibrium between the price of oil and the effect on petrodollars and thus the financials to maximize their interests. I think caution and patience hold the key now. A prudent exit on your FMAGX most likely.... But then I'm a cotraindiacator ya know GGGG -John