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Pastimes : CLOWNS TO THE LEFT OF ME.. JOKERS TO THE RIGHT.

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To: coug who wrote (214)12/4/2000 12:53:28 AM
From: IndexTrader  Read Replies (1) of 306
 
Mike,
How are you doing? This has been an amazing couple of months in the markets. I sat by in awe and did not short one thing. I had an OEX put early on, but sold too soon. I have just been watching and patiently waiting for the illusive bottom. I sure wish I had participated in the downside, but to be honest I never thought the Naz would drop this much.
As of Thursday, all the indices may have completed a 5th Wave Ending Diagonal. I am new at this stuff, so we will have to see. If that was a completed wave down, then we are in a minor Wave 2 pullback from Friday's rally. If Thursday was the bottom, the low must not be broken and there should be a good minor 3rd wave rally.
On Monday, the Naz ITBM turns up with even mildly negative breadth, so depending on how things look on Monday & Tuesday, I may start buying. What do the indicators say?

Thanks for the message today. It cannot hurt to keep posting that the Congress.org URL. I wrote to lots of people, letting them know that I USED to be a democrat and that I am very unhappy with Gore's behavior. Anyway, I may as well post it again.
congress.org

I do hope that this mess is over soon. I am ready for a good rally!
Susan
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