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Strategies & Market Trends : Steve's Channelling Thread

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To: ajtj99 who wrote (16780)5/30/2001 5:43:26 PM
From: Mark Johnson  Read Replies (2) of 30051
 
Well just as I predicted stocks went a little lower today.....Tomorrow I expect stocks to go a little higher or lower with a possible gap up or down depending on the market climate....If it looks like the recovery is a year or further out, then buyers will clearly be less aggressive until the picture becomes more clear...If it looks like the recovery is closer, then buyers will clearly be more aggressive until the picture becomes more clear...

Message 15868925

Therefore, stocks could go higher or lower in the near or long-term......

Watch for further updates....
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