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Strategies & Market Trends : Trend Setters and Range Riders

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To: Susan G who wrote (4903)5/10/2001 5:51:46 AM
From: lee kramer  Read Replies (1) of 5732
 
Susan...I too see many, many stocks making major accumulation bottoms. It ain't the news...it's the market's reaction to the news. Friday's 8:30 negative numbers are an example; after the initial 30-45 minute dumping, some real buying came in and the Dow and Nasdaq closed at the top despite a looming weekend. when's the last time we saw that? I don't like to put a name on the market, but it's becoming clearer to me that we're in a nice trading market; both long and short. What more can a trader want?
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