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Strategies & Market Trends : Rande Is . . . HOME

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To: Rande Is who wrote (32624)8/22/2000 4:13:44 PM
From: Mark Konrad  Read Replies (1) of 57584
 
Cults, etc...Thanks for the clarification, Rande! You are absolutely right, imo.

Given today's reaction to FOMC, I think the general mkt will trade sideways-to-down until at least Labor Day (and possibly longer).

As usual, there will be pockets of strength and rallies of individual issues within all sectors. But it would be smart, imo, to lighten up and take profits (or limit losses) on stocks that are technically OB or are not able to hold support points, trendlines, etc.

I will try to update a few of those when possible and will gladly throw my 2 cents at any requests from the thread--MK--
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