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Pastimes : Home on the range where the buffalo roam

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To: pinhi who wrote (3316)8/3/2000 11:26:14 PM
From: Boplicity  Read Replies (1) of 13572
 
I think this rally will fade. Many stocks bounced of their 50 day moving average from a way over sold condition and the market drop far in a short amount of time, so they were ripe for a rally. If the econ. numbers are good the market will rally for a few days only to be sold into. So I'm sticking to my bearish stance. But I do have long term holdings in CSCO, JDSU, and ORCL so if I'm wrong I will still be participating in the rally.

Greg
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