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

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To: augieboo who wrote (12238)10/25/2002 2:49:46 PM
From: 16yearcycle  Read Replies (1) of 30712
 
yeah, I wish I had stayed long from 1280 up. Caught the rally under that but we got overbought and stayed so. Basically, I think we will all look back and see that "buy the dips" needed to be restarted as of 8/5/2002, and I don't doubt that there will be exceptional overall strength for a number of years, not unlike the 3-4 years after 87-90/91.

I mean we are rallying pretty broadly on the tragic death of a US Senator during a time of terrorism. And we are seeing broad, aggressive purchasing of sw companies by investment banks.

We are still looking very much like the Aug peak, but what will next week bring?
Whatever. We'll see.
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