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Strategies & Market Trends : Sharck Soup
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To: velociraptor_ who wrote (16835)4/18/2001 8:16:56 PM
From: DlphcOracl  Read Replies (2) of 37746
 
raptor: Have we completely missed the boat on this rally or is this the "mother of all bear traps?" Or, did we indeed see the bottom in early April with a mild retest during the summer? After the surprise Fed rate cut, I find it difficult to see a retest taking the NASDAQ down to the 1500-1600 range again, regardless of the upcoming earnings reports in Q2 (or lack thereof).
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