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Re: plexus post# 41167

Friday, 11/01/2002 9:40:28 PM

Friday, November 01, 2002 9:40:28 PM

Post# of 704041
Interesting most of my technicals are calling for another breakout here and another strong leg up

Well that's what makes a market right? I don't see these explosive set ups. I see major resistance just above where we are now on most indices and key stocks, as well as high TRIN and TICK indicating a top is at hand. I intend to sell my lone tech long on Monday which has served me well.

What you see as a double bottom on MSFT, I see as a nearly completed flat correction out of the July lows. If MSFT can close over $56.50 I'l be more inclined to buy the DB argument

I just love reading about all the skepticism here

Be careful not to live in IHUB vaccuum. Why don't you check the open interest on the MSFT November option series and decide how much "skepticism" you see.



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