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Strategies & Market Trends : Sharck Soup
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To: Dave Gore who wrote (19278)4/30/2001 10:10:29 AM
From: Dave Gore   of 37746
 
MARKET ACTION - Softie, hard to say where the Market wants to go from here. It seems to be spinning its wheels at the moment. One could easily see some profit-taking here and a slow pullback or a slow grind up throughout the day with mini-pullbacks and dead periods along the way.

Who knows...gotta just watch the futures, TICK, TRIN, etc and react accordingly. I still like the GDP number from Friday even though it will likely be revised in a few weeks downward. I think that will give Fund Mgrs. courage to plug some money back in the Market.

I heard Art Cashin say that Tues Afternoon or Wednesday may be the telling days. He said we could get a pretty big run if conditions are right. We'll see.
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