The Thread Formerly Known as No Rest For The Wicked Message Board

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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked

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To: Glenn who wrote (2414)	12/4/1998 9:43:00 PM
From: Don Pueblo	Read Replies (1) of 90042

<<I remain confused about this rally.>> Me too! I thought the market would pull back. In hindsight, what I think happened is the rally that started in the morning (job numbers) just never faded. The sellers just never came in. But, Glenn, you have to remember that the market will not do what you think it will all the time. Let me put it another way: if you get to the point where you always know what the market will do, I have a very lucrative job for you. VERY lucrative. <ggg> I was very lucky today, my first trade was short MALL at 39 1/4, and I happened to pick what ended up to be a grand slam home run. I've been shorting it for three days. There is a really interesting debate going on where I trade; the bulls and the bears are even in number and the bulls think the market is going straight to 10,000. They might be right.

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