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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 694.04-0.2%Jan 29 4:00 PM EST

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To: Clint E. who wrote (22395)7/29/1999 4:49:00 PM
From: Iris Shih  Read Replies (1) of 70264
 
Thanks! I read it again.

I am thinking traders are getting smarter and smarter. Like you and me, they like to buy at the spike-lows and take profits as soon as they have. Does that mean each rebound will get shorter and shorter?

Unless we get some really good news out, the market is not going to jump high for the summer. So yes I really want to see the market go much lower from here, to bring out more sellers and shorts.

OT~do you have fun with the kids? One librarian gave Austin a bubble wand last weekend. Yesterday I bought him a bottle of "Mr. Bubbles". Now bubbles here, bubbles there, bubbles everywhere. And we are going out tomorrow to make bubbles in the air like the story book said. Enjoy your weekend!

Iris

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