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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: kodiak_bull who wrote (13183)	4/9/2002 8:29:53 PM
From: chowder	Read Replies (2) \| Respond to of 23153

I find the MRVL chart uninspiring and I don't have anything to add to your analysis. I think you covered it well. When eating the elephant, you take one bite at a time. You take what the market is willing to give. You adjust your analysis as the condition of the market warrants. I agree with your synopsis on what to do at $34. The chart should indicate where to go from there. The NASDAQ is oversold. It is coming up on another major level of support. By Friday of this week, it may want to take a technical bounce forward. MRVL and other tech stocks may join in the ride. The key is to keep an open mind and an open eye. Last night I mentioned the OEX looked like it wanted to turn. It did for about 30 minutes so that one doesn't count as an accurate outlook. The type of candlestick pattern it displayed yesterday sometimes takes 2-3 days to confirm. The key word here being confirm. I'm not trying to guess a bottom on anything in this market. I'm looking for confirmation on everything. Like a cat stalking its prey, I'm being patient. PVN and RAD had a good day today. RAD seems to have confirmed another leg up. Volume is rising which is bullish but it is coming up on resistance. I think I'll take another position if I can get a close above $4 in the next few days. stockcharts.com[h,a]daclyiay[pb10!b50!b200!f][vc60][iut!Lh14,3]&pref=G dabum