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Strategies & Market Trends : Waiting for the big Kahuna

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To: Haim R. Branisteanu who wrote (18142)5/7/1998 9:02:00 PM
From: robnhood  Read Replies (3) of 94695
 
<<< the market had all the reasons to stabilize or have a
small rally, it did not.>>>

Haim,, the market gives very little feeling to me right now, something that is quite unusual. Again today , half the stocks I watch were up. Not a lot but nonetheless, up. The spm's tried several times to rally but failed every time. It's probably got to do with some #'s due out tomorrow, the funds are holding back, and therefore the market drifts lower. That has not been the case for quite a while though.(quiet drift)

Quiet drifts, up or down, I think are many times a clue to deeper sentiment..

russell
Ps, last time SE Asia was doing it's thing everyone was talking BK, now no one is talking it. This could be the beginning. Sneaking in while we all fiddle. Everyone is now adjusting there buy points.
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