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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (22602)11/27/2001 2:04:54 PM
From: marginmike  Read Replies (1) of 209892
 
the refusal of the market not to sell off is reminiscent of fall of 1999 and early 2000(tech). it seems to be a liquidity thing, where this is just to much money sloshing arround. That being said this thing could really go much higher as liquidity is absorbed into financial markets. I wont play it that way, but unless this market can start selling off with gusto I fear a repeat of 99 here and the mother of all shorting OPPs is just arround the quarter.
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