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Strategies & Market Trends : Paint The Table

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To: mph who wrote (13627)2/7/2002 8:20:26 PM
From: Jorj X Mckie  Read Replies (1) of 23786
 
I think that we will see some downward pressure tomorrow but that I think that the selling will abate and we could get some buying. I do think that we need to pullback (pull-up?) a little bit from this leg down. My target on the next rally would be no more than 1850, but it could go up a fair amount more before I would get bullish.

The end result is that I am probably going to cover tomorrow and wait a few days to reload the shorts. I won't know for sure until tomorrow gets here.

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