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Non-Tech : The Woodshed
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To: NOW who wrote (5512)4/29/2004 10:55:05 PM
From: SwampDogg  Read Replies (2) of 60908
 
If the trend has changed to down and the break of 10,250 looks like confirmation to me, any bounce is an opportunity to sell and/or establish shorts. This has actually been the case in a lot of the market for 3 months. It just seems to be taking people a while to notice that we are going down.
I guess it will take the banks to really break for people to notice that the markets are down for the year.
Could have shorted a lot of tech stocks 6 months ago and been in great shape. There seems to be an optics problem.
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