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Pastimes : Where the GIT's are going
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To: Oral Roberts who wrote (148085)7/12/2007 1:15:55 PM
From: Augustus Gloop  Read Replies (1) of 225578
 
This rally is destroying what I thought was going to happen. I've been just certain that the pops and drops would resolve things to the downside. When the market was about 13,400 every fiber of my being felt that we'd see at least a correction to 12,250 between mid July and late September. In no way did I think we'd bust 14k this month and now it looks like we could. I just can't believe we're not seeing a distribution rally as institutions unload their inventory to the public.
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