Trend Setters and Range Riders Message Board

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Strategies & Market Trends : Trend Setters and Range Riders

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To: janie who wrote (566)	12/20/2000 8:42:58 PM
From: bobby is sleepless in seattle	Read Replies (2) of 5732

those boring stocks...g's... I'll watch...many of them coming off their highs, pulling back toward support areas, some are range bound for now (arlp) and will certainly see how they work off the pivot. still, a caveat..many of the defensive issues have made nice runs. i really don't know if it's a good time to "invest", but still great to swing or position trade. as the techs continue their plunge, i'm sure fund managers are salivating at the opportunity to put their money to work as valuations approach reasonble levels, and at the pace they're correcting, could be very near, at least for a violent bounce.

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