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

To: Johnny Canuck who wrote (38446)	11/22/2002 12:11:36 PM
From: Johnny Canuck	Read Replies (2) \| Respond to of 68600

[madtrader] Fri Nov 22, 8:03am PST S I thought we had an island reversal on the 14th. It was, and the stock has bounced nicely. It is running right into the previous break down point. So I am hitting the eject here. sold S. Register for our newsletter [madtrader] Fri Nov 22, 8:01am PST GLW Unless it can finish the day up, I think this vertical run is over. We have a clear eveningstar pattern on daily chart. none. [madtrader] Fri Nov 22, 7:59am PST BRCD I didn't like it in early October, despite the fact I was bullish on the market at the time. I suggested that it was leaky boat being lifted by the market. My main concern is the fact this company has big chunk of debt while it is still losing money. If you are thinking about play a bounce here, I would say you are better off short even at current levels. I just don't think they will make it.