Market Direction Predictions and BS guesses Message Board

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Strategies & Market Trends : Market Direction Predictions and BS guesses

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To: Vitalsigns who wrote (153)	6/7/2000 9:09:00 AM
From: the Chief	Read Replies (2) of 234

Shortterm prediction: I see a push/pull fight going on in the market for the next 3 days. The NAs will finish lower by the end of week. Technicians want to see the backfill of the gap-up and the sideline money that is now moving in, wnats to protect the downside on its previous investment at the gap up region. In a close bull/bear fight for the gap, the bears generally win, so I see some back-filling and then some "thank God" thats over mini-ralley occuring by end of week. Market will pullback to 3600 and bounce, 3637.51 over the next week. Close on Friday will be 3721.33 with further early week fluctuations completing the 3600 pullback. Microsoft decision at 3pm today could accerlerate this process in either direction...but shortterm I se the above mentioned pullback. Just another BS guess the Chief

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