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Strategies & Market Trends : Love shack

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To: Grandk who wrote (248)12/26/2000 10:51:20 PM
From: Grandk   of 322
 
Well, this was a boring day on Wall st. Went long some companies, and short some companies. I guess I could of stayed in all cash, but where's the fun in that? I feel rally, but would love to see a mass exodus. Either way, I'll make money in the end.

Banks looking toppy here. Tough to rally w/out the banks. SOX is either headed to 650+, or sub 500. Indecision reigns.
However, one indicator is the amount of bulls calling for a rally. The amount of bears for that matter. Seems like everyone and their mother is long here for at least a return to 2650 on the NDX. Tomorrow should shed some light on this casino. Place your bets early, it only get's crazier.
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