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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures
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To: Michael Rich who wrote (12253)1/9/1999 12:29:00 PM
From: Tom Trader  Read Replies (1) of 44573
 
Hi Michael -- good to hear from you after a long time

Hope that you are well.

Re a potential top of any consequence--IMO, it is not imminent -- too much momentum to suggest that it will happen immediately. Though I do feel that the next top may of some consequence. I'll be happy to post when I think that it is time to unload -- but as you know I tend to be early and sell into strength gradually and exit all longs over several weeks.

I think a top of sorts is relatively close -- but it should be a temporary --and the next rally should be tradeable but we'll probably see some divergences appear.

Thanks for the stock recommendations

Take care
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