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


To: xcr600 who wrote (35527)12/12/2001 4:58:50 PM
From: Johnny Canuck  Read Replies (1) | Respond to of 69235
 
Thanks x,

GMGC had a pretty weak close, let's see what it does tomorrow.

We must be getting close to some sort of market top. Daytraders are jumping over all sorts of low price stocks with any kind of news in search of quick gains, since the market generals are too overbought.

CFLO is a good example. I almost grabbed some myself going into the close at 2.60 as it is trading near cash, but I had an problem with my ISP. If it follows the pattern of the rest, it should add on another 20 to 30 percent tomorrow and then pullback going into the close. This is one volatile market.