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

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To: ajtj99 who wrote (21215)12/24/2002 6:48:47 AM
From: Justa Werkenstiff  Read Replies (1) of 30712
 
AJ: Yes, my articulation of highly technical terms is mind boggling <g>. Right now, I think we get "herky-jerky crappy up and down" (highly technical term there) sprinkled with a couple of nice white sticks to give this thing an upward bias. That is the best I expect out of this mess. So far, those calling for implosion or explosion based on their reading of the charts have been disappointed.

FWIW, I am still net long by a marginal amount to reflect the mediocrity of this thing and the risks I perceive. The Nasdaq finished off the highs on Friday and yesterday was its opex "make-up day" while the other averages floundered.

Happy holidays!
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