Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: $Mogul who wrote (101846)	5/1/2000 4:42:00 PM
From: stan s.	Read Replies (2) of 108040

Hi Mogul, I tend to agree with Jack. We appear to be in the midst of a rally of uncertain duration. Not much irrational exuberance here(some complacency perhaps but nothing like before), at least not on a grand scale, witness the low volume. I think we'll dip after the rally's over to be sure, take out some of these gaps and hopefully form higher bottoms. But I think the path of least resistance is up for the moment, taking out resistance at 4025 seems doable. I'm just taking it one day at a time and like a lot of what I see but the key is to take profits relentlessly IMO. I notice some small and midcaps joining in the last couple of sessions, some 2nd tiers starting to move. One thing that does concern me is the relative weakness of the semis today, hard to progress without 'em. Hope you're doing well. Stan

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