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: kathyh who wrote (50569)	6/10/1999 12:12:00 PM
From: MARK C.	Read Replies (2) of 90042

Kathy, I am getting just a little worried here. I have a lot of respect for IKE and I don't think he was kidding when he wrote this: "A break of these supports 1318 and 2475 will lead us to 1292 on SPm and 2360 on Comp. naturally such a break can be expected if numbers come out wildly out line and instead of one tightening we may see a coherent pattern across the board in price rises.Market needs to be traded within some supports and resistances anyone who has not learnt this will have to learn this discipline, I have over period of time and working hard to make it popular." I am out of ELNK with a loss and will wait and see, But I ask myself " Do I think the #'s got out early to certain people? YES Do I think the #'s will be bad? Not necessarilly but I don't think they will be good enough to reverse current market sentiment. I am looking for a sell off this afternoon and early tomorrow. jmho, MarkC

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