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Strategies & Market Trends : Rande Is . . . HOME

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To: JLS who wrote (23921)4/14/2000 11:03:00 AM
From: Tradelite  Read Replies (1) of 57584
 
Good question about whether we get a bottom...maybe we should hope not for a bottom right now....we really should, to be healthy, get a long-building base, which might look like a wavy line that doesn't go far up or down for weeks. If there is a spike upwards, I think we're in trouble and should best keep out dollars in our pockets at that time.

Right now, you have many sellers trying to bail out in every stock, every time it goes up a point or two.
We have to get rid of them before stocks can go up appreciably.

(These are not my original ideas....just based on reading the opinions of experts in technical analysis).
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