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Strategies & Market Trends : Take the Money and Run

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To: Jorj X Mckie who wrote (15403)8/16/2002 8:47:28 PM
From: paulj  Read Replies (1) of 17639
 
Seemed to me they did a really fine job of painting the tape this week. Walked everything right up to the magic tech numbers everyone is watching. Given the general state of affairs, it's hard to see this market just romping straight up the hill. Seems like a good place to roll over or at least move flat. Since the bulls are still quite nervous, I'd think rolling over to be more likely. I have no idea how far we might pull back here though. There aren't too many V shaped bottoms in historical charts.
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