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

To: Jurgen Trautmann who wrote (9377)3/28/2001 4:50:57 AM
From: Berney  Read Replies (3) | Respond to of 11051
 
JT, It will continue when we return to an uptrend, which we will.

Of course, the secret is waiting until we do.

The move through OEX ~591 certainly surprised me. But, I don't have the time to do anything about it anyway. However, I still believe that the magnitude of this move up is unimportant, since, across the board, the down trend lines are ahead of us. The important point will be the next move down. Can we finally hold a low?

I admit to being agnostic on this issue and will, since I don't have the time to play anyway, wait to see what unfolds.

Just a View from a Tired Dude going to Bed

TB



To: Jurgen Trautmann who wrote (9377)3/28/2001 5:55:50 AM
From: Gersh Avery  Respond to of 11051
 
I had the fork drawn slightly wrong ..

It made all the difference yesterday.

It looks like the gains of the past are to be made on the put side for a while longer ..

homestead.com

People will come to realize that a high consumer confidence number means that rate cuts will slow.

Target on this next move down is SPX ~1090 OEX ~560

IBM may be a good put target .. downside target 45 to as low as 15. Current price 99.50


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