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To: drsvelte who wrote (7220)2/9/1999 1:15:00 PM
From: Thean  Read Replies (1) | Respond to of 14427
 
Doc, I have done nothing for a week. Will buy after the tech selloff tapers off. I am seeing more and more techs breaking down their uptrend line so this is going to be some further damage. However, I'm not shorting them either, except one PCTL.



To: drsvelte who wrote (7220)2/9/1999 1:49:00 PM
From: Shelia Jones  Read Replies (3) | Respond to of 14427
 
Hi Doc, Been doing very little. Don't want to get in the way of this train derailment. The a/d line and ticks (all of them) have shown increasing illness.

Will we get a slow grind or a selling climax?

Funny story: Last week my 5th grade son's teacher wrote to ask if I'd be interested in helping the class with their stock picking project. The children each pick 3 stocks, they have $50K each to invest. All buys only (no shorts - I asked) from the Jan 28th close.

It was amusing the stocks these children were familiar with. Lots of familiar names - whatever has been in the news, ect. The contest ends next week - I think they all expect to make money. Got to teach these boys and girls to short!



To: drsvelte who wrote (7220)2/9/1999 2:28:00 PM
From: SJS  Read Replies (1) | Respond to of 14427
 
Standing for now....busy with some other things...but keeping an eye out. Market doesn't like to think it will go "negative" on the year so far, so there is some support with that, and volume is not that great for all this psychological negativity.