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Pastimes : Trading the markets.....

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To: Moominoid who wrote (2784)1/19/2001 5:08:56 PM
From: GROUND ZERO™  Read Replies (2) of 4583
 
Good question, but I wouldn't think so... sorry for the late reply, I was at the beach all day today, the weather was absolutely beautiful here.....<g>

intellicast.com

I don't think it would represent as much excessive speculation as before... the first time the NAZ went to 5000, that was near the later phases of this longer term trading cycle... this second visit to 5000 will be earlier in the cycle and not as speculative... the rally to 7500-8000 late in the coming cycle may be where we'll find that same sort of excessive speculation... we can see some pull back here next week, but the bottom is already in place.....IMHO

GZ
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