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Strategies & Market Trends : The New Economy and its Winners
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To: 16yearcycle who wrote (13724)8/31/2002 11:38:00 PM
From: fedhead  Read Replies (1) of 57684
 
Won't even try to guess what is happening near term but
the big picture is we are still in a bear market. Use
rallies to exit out of your equity positions or establish
shorts. The Dow broke atrendline that has stood since the early 80's. The S&P 500 broke an massive Head and shoulders
top. I think the bear is going to do a lot more damage on the downside before it is done. I think the Dow and S&P 'will end up making similar % declines that the NASDAQ
has done.

Anindo
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