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Strategies & Market Trends : Don't Drink the Kool-Aid Kids

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To: Stoctrash who wrote (446)	4/19/2001 11:04:16 AM
From: im a survivor	Read Replies (1) of 1063

LOL......Rally looking strong.......I assume you are seeing a pullback later today or tomorrow...... I expect some pullback as well, but at the same time, there are alot of shorts and if I was one I would be nervous as hell right now as they see all that sideline money itching to come back into the market. If I wasn't short but was thinking about it, I would consider several things...whopping rate cuts, with more to come probably, sideline money waiting to buy, substantial rally the last two weeks.........hard to tell...like I said, I will be surprised if we dont see some pullback, but then again, I never expected to be at 2100 right now either..........I know alot of shorts covering and even going long.....I also know of alot of folks that were sitting in cash are now buying........should be very interesting to see how this all plays out...... Keith

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