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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: MythMan who wrote (278870)3/4/2004 1:01:36 PM
From: marginmike  Read Replies (1) of 436258
 
I am looking at the IT term top, either here or after a blowoff. Housing stocks IMHO are making last blowoff up. NDX allready done, now dow and SP might do the same. I am very bearish now as everyone, I MEAN everyone seems to think we rally into april-may. Meanwhille P/C is bearish, rates have only one way to go, and tax and refi stimulation is over at the same time as supply of stocks flood the market. I will short all rallies here on out unless volume and new highs coincide in a non blowoff move
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