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Strategies & Market Trends : Sharck Soup

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To: DebtBomb who wrote (19157)4/27/2001 8:24:24 PM
From: American Spirit  Read Replies (2) of 37746
 
Wait, I thought the earnings reports were downward catalysts. Can't have it both ways, bears. gg Actually I'm glad they're over as a long and looking forward to subsiding fears. Earnings were all shorted into and caused nervousness.

Not expecting any 400 point one-day rallies but I believe we'll continue up. I like it the way it's been this week. Gains that are made feel more sustainable. Higher highs and higher lows. Notice CSCO never broke 15 for instance. Or INTC 29. And NT starting back from 14. And those are the worst hit of the big companies. As for rate cuts being priced in, I know the futures say that but the market always rallies into the rate cuts. SO I'll be there staying long.
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