RANDE- I agree with you, i see a choppy market for a couple of days, spike on bush victory announcement, hit by profit takers for a dip, then the fed rally kicking in around friday afternoon, tax loss selling should be easing on some of the 90% losers of this year (ntro,cmgi,adap etc) would be good candidates for a strong year end close and strength into january, should also get a lot of year end mutual fund window dressing, greenspan is going to talk nice to us tuesday, and we should get some real nice pops with some profit taking along the way, but the trend is back to the upside, will reasess at 3400-3500 area, staying away from all shorts from here
ps i refuse to sell jnic in the 30's!! |
