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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (22956)3/31/2000 10:44:00 AM
From: JLS  Read Replies (1) of 57584
 
I'm starting to feel more like a goat, but the market is acting as I expected. I think everyone needs some time to digest this selloff, and I'm not anticipating an obvious rally. It would make our job too easy. I think there will be several false starts or mini rallies to sucker us in, and shake us out when they don't look strong enough. The obvious thing already was to sell yesterday's buys at the open. I think we go back and forth until the end of the day, then we see which way it goes, that is if there are enough traders around with the fortitude to make a direction after this brutal week. I imagine that plenty of players are going to be shaking martini's early in the day today to put some distance on the week.
Julie
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