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


To: shasta23 who wrote (19941)2/18/1999 1:11:00 PM
From: Clint E.  Respond to of 70386
 
Stefan, I think that msft is a drag but I think a bigger drag is the net stocks. If they firm up, there is no question that we have seen a short-term bottom......and we all know how quickly they move....

Believe me, I won't go 100% into stocks unless I am sure. Of course, things can change any minute but for now I stick with my call.

Everybody is now waiting to see if the market drifts lower in the afternoon for the nth time in the last couple of weeks!!!!

Unfortunately, it has all come down to this. Everybody including mutual funds just follow one another and they are all watching to get back in if the market goes back up.

Clint