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Strategies & Market Trends : Trend Setters and Range Riders

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To: electra who wrote (744)12/28/2000 11:06:01 AM
From: bobby is sleepless in seattle  Read Replies (1) of 5732
 
electra,,,susan posted a couple of summaries from the "pros" earlier this morning, late last night, which echos some of my thoughts...

2600 on the compx will provide resistance, then 2700-2750..

I really don't know what to expect other than I'm still hesitant on longing many of the techs for more than a day!,,, although i've held psft for a week? or so... comfortable with defense until the charts suggest otherwise...

tax selling, maybe the selling took place late november?,,,earnings season just under way with January rolling around with more downside surprise? a return to valuation investing? more layoffs?

Message 15070379

kinda doom and gloom, huh?

I have maintained that we will visit 2200 compx and nothing has changed my mind of yet, but that does not prevent us from having tradeable bounces in both directions
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