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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: fedhead who wrote (32446)10/30/2000 8:57:10 PM
From: RocketMan  Read Replies (3) of 436258
 
I think the market looks so far ahead these days that it
is already looking past the recession and the coming boom
after that :-).

The Naz is down what, seven of the last eight weeks? This is not normal, even in a bear market. Nothing goes straight down. I am looking for a major rally developing here, probably late this week and through the elections. A rally that has legs, through the end of the year. After that, it's time to go short.

The only problem with this scenario is, there are too many looking for a year-end rally. OTOH, there are also too many bears looking for a BK before the end of the year... never happen.
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