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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: rydad who wrote (36628)5/4/2001 12:37:47 PM
From: Sully-  Read Replies (3) of 65232
 
With the bad employment numbers, why is the market going up?

Headfake so the houses can distribute shares at higher prices??? Note the NAZ bounced at 2083. That was Zeev's target for a bounce. Perhaps it gets breached today (perhaps early next week) for the bears to take control..... On the bullish side look for the NAZ to break thru 2190 for a bull run to stay intact.

If you are bargain shopping for short term trades, try to buy when things are bleakest (bears firmly in control), not when a bull/bear battle is in progress (market zig-zagging). If you are looking for LTB&H, the current prices for market leaders should garner nice returns.... in the long run.

BWDIK?

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