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Strategies & Market Trends : Groundhog Day -- Ignore unavailable to you. Want to Upgrade?

To: Oral Roberts who wrote (4784)5/14/2002 12:59:12 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 6346
 
The pattern this past week is one of the more bizarre patterns that I have seen. If it wasn't this particular week, I would seriously consider that a bottom was being put in. The last time that channel was violated to the upside, it was negated within a couple of days.



To: Oral Roberts who wrote (4784)5/14/2002 3:11:39 PM
From: jcky  Read Replies (1) | Respond to of 6346
 
This could be the start of the summer rally. I wouldn't be too surprised. The Nasdaq hit 1600 and filled the gap during November.

I'm long the QQQ and ADBE right now with stops, of course. We'll see how this plays out after this option's garbage this Friday.


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