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To: Shack who wrote (15)4/18/2001 9:23:26 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
If you are talking about buying non-tech, I disagree. I think there is not much room left before it turns. Even if it does not turn down hard, I think the non-tech setup here is not good for new longs.



To: Shack who wrote (15)4/18/2001 9:27:39 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
INTC will probably take out its September DT line today. Finally... Probably gap over it, which is all the more powerful.

The line is around $28 today. Using the weekly, a close about $29 or better will look like a breakout.

That thing ain't done though and neither is this bear.

Rally on great bear...



To: Shack who wrote (15)4/18/2001 9:38:20 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
I am short. Not the best entry, but I think this went too far at the open and we'll get a decent pullback into the gap before going higher. (If it doesn't go higher I'll be surprised but happy.)

Lots o' crap gapped up to resistance. Look at smelly.

NYA now at 612. (!)