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Strategies & Market Trends : The Amateur Traders Corner -- Ignore unavailable to you. Want to Upgrade?


To: Paul A who wrote (15970)11/14/2001 9:06:12 AM
From: Kelvin Taylor  Read Replies (2) | Respond to of 19633
 
NTAP was down in ah yesterday...

but look at ORCL yesterday was down just a bit now trading up AFTER the warning.

if NTAP goes and stays green on a warning, what will drive the market down? and if so will it be the same as we have seen, quick dip then swift rebound?

momo is a powerful force



To: Paul A who wrote (15970)11/14/2001 9:57:39 AM
From: Blue On Black  Read Replies (1) | Respond to of 19633
 
Paul,
I agree. No facts are pertinent other than momentum. One would think that is not enough but it must be remembered that we are dealing with a generation of swine that can and did take the Naz over 5000. Pair that with the fact that we are kicking the chit out of a third world country that had previously been bombed back to the stone age. Just imagine what would happen if we kicked some third world country that hadn't been bombed out...DOW of 15000.
War is good business...forget the economy.<g>
Just watching, but I think this could move a week or two.
lee