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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: RR who wrote (59117)8/30/2003 12:13:00 PM
From: RR  Read Replies (1) of 65232
 
Pondering thoughts from the early morning hammock....

Good run on the big board and the Naz past months.

Big board:
7500 to 9500 past 6 months + 27%
9000 to 9500 past few weeks
Daily and weekly still good.

Naz:
1250 to 1800 past 6 months + 44%.... uh, do what?
1650 to 1800 past few weeks.
Daily and weekly still good.

I found those stats interesting from a stand back and over all look approach.

Would you take 27%? Surely 44%. Who would have thought listening to the BS threads and doom and gloomers. What a hoot.

My, my, my.... still opportunities out there.

Now the Q in spite of above, do we pull back in next 8 weeks to set up for year end run? Typical bad period coming. Patience.

Day traders, this stuff doesn't mean squat of course. Swing traders, and longer term, makes ya scratch your head.

RR
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