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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?


To: The Ox who wrote (33656)8/20/2001 12:16:42 PM
From: Return to Sender  Read Replies (1) | Respond to of 68396
 
As usual when a stock breaks support I took my loss. Out of VTSS at 14.90 and looking pretty foolish right now.
As for the FED they simply have to cut another 1/4 point and continue their bias towards lower rates. There are too many people joining the unemployment lines right now. If the consumer is the only part of the economy where we have decent spending right now then at least increase the incentive to borrow money by continuing to lower rates until we see manufacturing numbers pick up.

I'm watching JBL for a good entry point. I just don't think the SOX is done selling off. Good luck with all your trades!

RtS