Morning Jim
nice chart<g>...
actually i'm still bullish, with one eye on the P&F indicators...4-5 of them are on sell signals, incl. the big one NYSEBP...
however that could change quickly from those levels...
we may get a knee jerk reaction to the impeachment, but it will be short lived...
i feel we must buy the dips, on all big caps that continue to make new highs...it's the very same stocks we see everyday on the NYSE & NAZ.. they just keep going up & up & up...
right now i'm in COMS options, DELL shares, EGGS<g>, buying more over 23, and the now infamous CYSP???my wife loves to shop.....:>}
Yeah Jim things look just fine to me, with some blips in the road to 11,000 next year....in fact the recession won't happen in 1999 and earnings estimates will be raised instead of lowered...there's an upside surprise coming....
my regards, Jerry |