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Strategies & Market Trends : Rande Is . . . HOME
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To: Tradelite who wrote (23123)4/3/2000 1:21:00 PM
From: Tradelite  Read Replies (2) of 57584
 
PFE has made an exceptional move today (breaking above resistance level) on very heavy volume.

As for the Naz, it will be interesting to see if there really is much money left on the sidelines that wasn't wiped out in margin calls, and whether the big boys who do have money are willing to commit it at this point.

My fear is that any buying and upticks will simply be met with more shorting for a while. Maybe the usual summer sideways movement in the market is simply occurring in this quarter instead of next.
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