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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Jeff who wrote (4241)7/26/2002 12:39:27 PM
From: ajtj99  Read Replies (1) | Respond to of 30712
 
Well, I'm just going to try to wait for a melt to a double bottom. I don't think they want to give up 300 SOXX, 275 BTK, and 1192 COMP. There are just too many levels that have been hit. MSFT has to get what it's got coming (and maybe ORCL) and then maybe we go up. We'll see. I was too busy to play this today, and I decided I was only going to buy a double bottom.



To: Jeff who wrote (4241)7/26/2002 1:12:50 PM
From: Justa Werkenstiff  Read Replies (1) | Respond to of 30712
 
Jeff: Re: "if they dump here and monday morning.....we get that other drop to under 1200...."

Sox at new daily low 12:30 does not make for good afternoon. It seems that those who got caught holding these are still doing some selling. Don't think we go up before making that trip back to 1200.