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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Jerry Olson who wrote (24294)6/12/2000 6:59:00 PM
From: bobby beara  Read Replies (2) of 42787
 
Jerry, the market (oex) is stuck in neutral, between the april lows and 800. I think we have hit the top of the trading range and now we will drift down, too many people were too bullish and calling for a summer rally to go straight up, this thing needs a lot more basing.

The big hint was friday, when the major averages didn't rally hard on good news, the bullz have run out of steam, that oex put chart on alan newman's site says it all, no bears left on friday.

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