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Strategies & Market Trends : P&S and STO Death Blow's

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To: Jorj X Mckie who wrote (4943)8/8/2002 12:48:59 PM
From: Jeff  Read Replies (1) of 30712
 
i agree on the bearish stance......i remember the news from last week that lead to the new NDX low.....

but to counter that they came back this week with the fed cut thing and that is the "only" thing holding this market up....

it just depends now how long they can milk this cut and keep shorts scared....

without the fed cut stuff....last weeks news said theres no reason to be buying stocks here because its only going to get worse....retrace says the worst is yet to come.....

not much you can do here if they have ramp on their agenda....
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