Trend Setters and Range Riders Message Board

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Strategies & Market Trends : Trend Setters and Range Riders

MSFT 492.01

+1.3%

Nov 28 9:30 AM EST

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To: bobby is sleepless in seattle who started this subject	4/24/2003 9:18:57 PM
From: adad69	Read Replies (1) of 26752

Lee, this thread is too quiet. Seems like were anticipating the Kentucky Derby more than what going on at Wall Street. I like this form the Rightline Report: "The further up the rally ladder we go, the more difficult it is for us to believe prices can keep moving higher. This is a "normal" response - it's the tendency to assume that the market will turn around when WE think it has gone far enough. The problem with this type of thinking is that the market has this tendency too. It often overreacts and goes way beyond what we believe it is capable of!" So true!

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