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Strategies & Market Trends : Galapagos Islands
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To: MulhollandDrive who wrote (42779)6/24/2003 4:33:13 PM
From: stevenallen  Read Replies (2) of 57110
 
MD - sorry to be dense, but just what does that double bottom convince you of? That the bottom was solidly put in - or that if we breach 7500 all hell will break loose? I never quite know about these things, but as you probably know, my general leanings are that the markets are significantly overvalued and that sooner or later, we'll see major downside action. The biggest question in my mind is how election politics will influence the process, i.e can George keep things looking remotely rosy until after the election. I'm sure he'll try, but it's a daunting task imo. It certainly will be interesting.
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