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Strategies & Market Trends : Waiting for the big Kahuna

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To: pater tenebrarum who wrote (46179)3/6/2000 2:09:00 PM
From: sandeep  Read Replies (2) of 94695
 
I, of course, listen to CNBC (I know you don't believe what they say) where I heard sometime last week that there is a lot of money on the sidelines. Maybe they are lying.

In any case, the DOW rally could go on for a very long time since I think most of the stocks in the DOW are undervalued, imho. But then again, undervalued stocks tend to stay undervalued.

The DOW needs to stay above the lows of the day. If it does, I think that the lows will provide good support going forward.
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