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Technology Stocks : Jimbo's Playhouse/CPQ -- Ignore unavailable to you. Want to Upgrade?


To: Mao II who wrote (9743)11/10/2001 9:05:56 AM
From: Kenya AA  Read Replies (1) | Respond to of 12662
 
My my aren't we all cozy here in the playhouse!

Ha ha!! We're BUNKER COCOONING, M2!! Speaking of Mazar-e-Sharif, Art Cashin made an interesting point in his commentary after the close yesterday. He feels that the shorts may have the upper hand come Monday. As you know, we've been churning on increased volume over the past few sessions. Cashin pointed out that the Market should have taken off when the news that northern alliance had taken Mazar-e-Sharif hit the wires, but all we saw was a momentary pop. Market has been going up on all kinds of BAD news and now it can't go up on GOOD news???? Momentum is gone for the time being. I think he's right on the money. We were fast approaching that August doji at 1933 as well. My guess is that NAS will form a handle now with a pullback to the 20 (1745), maybe 50DMA (1670).

BTW, I wonder why US can't confirm fall of M-e-S???? Hmmm.

K