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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Square_Dealings who wrote (29397)9/9/2000 7:42:46 AM
From: donald sew  Read Replies (1) of 42787
 
Michael,

>>>>> The problem is no one has a clue which way the market is going <<<<<<

Frankly, I agree with you. Last week those who were bearish saw the market move higher than expected, then this week when so many were bullish expecting a strong after LABOR DAY rally, the NAZ drops significantly.

I suspect more downside in SEPT/OCT, but Im not sure. What makes this market more difficult to read is the issue of SECTOR ROTATION. In the past, when one of the major indices moves the others follow within a short period of time. With SECTOR ROTATION there is another variable and that once a major index moves there is now the possibility that another major index will move in the opposite direction.
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