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Strategies & Market Trends : The Market Beacons
SPY 695.17+0.2%4:00 PM EST
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To: Magnatizer who wrote (966)5/30/2001 9:53:28 PM
From: cgw1948  Read Replies (1) of 1298
 
Couple reasons, Mags. Though we could get a further
correction of the recent run-up in the averages,
market history suggests we are in the beginning stages
of a new bull market. Basically, I adhere to the
"Don't fight the Fed theory". Also, most people,
myself included, are more comfortable trading from
the long side. So, now that we've gone down into
the Naz cross, do we get a rally tomorrow?
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