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

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To: DebtBomb who wrote (17341)11/27/2002 9:25:22 AM
From: t2  Read Replies (2) of 30712
 
""Trimtabs seems bullish going into to year end.""

what about afterwards??


I bet they decide to go short early in 2003 but from somewhat higher market levels. For trading, all I am looking for is a strong run past 1500 and onward to almost 1600.(short term). To me it just seems there are enough skeptics for a reasonable bet on a major move higher on the markets near term.

Actually going back to their comments. I think it was noted that mutual fund outflows are considered a contrarian indicator if the market rallies at the same time..and that is what happened in October...and it seems to happening again this month.
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