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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: mishedlo who wrote (4552)7/23/2001 11:23:01 PM
From: Walk Softly   of 6873
 
Probably same as yours... near term, mid term, bottom DJI 10,200/10,000/9,200 NAZ 1920/1790/1600, OEX 600/575/550, SPX 1168/1152/1088

I think these levels have been pretty well established... everybody thinks markets are going to turn... I can't see the catalysts... we've held great though.... even if we hit the lows we're still over valued... fair value DJI 7,000 NAZ 1,100.... but, seems market is content to trade to the rich side.... and that will probably continue...

there are stealth bulls all over... in the most unbelievable places.... auto parts, restaurants, retail, shoes Ha Ha Ha) etc... there's some real funny stuff going on...
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