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Strategies & Market Trends : Rande Is . . . HOME

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To: Tradelite who wrote (51327)5/8/2001 9:18:49 PM
From: Tradelite  Read Replies (2) of 57584
 
Holy cow, opinions on the market are all over the map after today...
Listened to a tech analyst from PRU tonight.....depending on how highs are tested (and not many stocks are breaking thru resistance right now), we could be in for a down cycle, but not seriously down.

The inflow of money into the market (not from investors but from Greenie and the Treasury) is very high right now. This flood of money (called the "MCM" or "MXM" (dont' remember the exact term) is huge and is affecting things......which makes the ruminations on SI from amateurs about where this market is going seem a little humorous.

Traders don't make the market. In the end, it's
money flow.....and this is something we little folks don't control.....and right now it reportedly (according to tech analyst from PRU) is huge.

And from there, you have to wonder why it's so huge.....are we in for something worse later that only the government knows about?? Another tech analyst I listen to is predicting dire things for year 2002.

this is too confusing for me.....holding my current stocks, thinking about other things in life besides my variable investments. Sheesh....
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