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Strategies & Market Trends : Guidance and Visibility

AAPL 270.51

+1.1%

1:53 PM EST

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To: SusieQ1065 who wrote (68353)	8/18/2002 1:48:55 PM
From: bbgold	Read Replies (1) of 208838

Missed this post! Wow, pretty Cool! Jackpot! :^) This Monday might test this Rally, maybe. The markets have been Ignoring any of the Negative news that has been coming out. Will that continue on Monday? We have the July Leading Indicators forecasted at -0.5% so it will be Interesting to see if this Rally will continue to ignore the economic news. I have read before that the markets move Ahead of where the economy is at so this Rally could still be the Real Thing for a Reversal. That has me a bit Worried though as I just added some QQQ Puts on Friday. I think that Monday will be the Test of this latest move but a drop down to a higher low at support could get things moving Up again, IF we test support that is. The Nasdaq has been leading this last move but I am not so sure how long it can continue to pull the Dow and S&P with it. Can this latest Bullishness continue to ignore the negative news? Let's see what happens! :^)

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