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Pastimes : CLOWNS TO THE LEFT OF ME.. JOKERS TO THE RIGHT.

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To: coug who wrote (66)4/25/2000 11:57:00 PM
From: IndexTrader   of 306
 
Coug,

I agree that we pull back here, but if this was an important cycle low, then the market will advance even though the indicators are overbought and are not confirming. Again, if it was an important low, then we should rally into June, correct in July and rally into September. Normally, I am more bearish, but I'm sold on this cycle stuff. I actually think the Naz will approach it's old highs; if and when it does, I will bail and run for the hills.
In any case, it sure is an interesting drama. I look forward to how it plays out each and every day.

Have a great day tomorrow.

Susan
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