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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: Sammy Adams who wrote (33838)4/30/1999 12:27:00 PM
From: Pluvia  Read Replies (5) of 122087
 
***SHORTS BEWARE***

Transports confirming the Dow by setting new high today is HUGELY bullish (DOW THEORY)...

I expect it to create a testosterone Monday from hell... Position yourself accordingly, the Dow theory has been wrong (slightly), only once in the history of the Dow. Essentially the Dow Theory says buy stocks when all Dow indexes have made new highs... Until today the Transports had failed to make a new high which is very bearish...

The transport confirm today should pull out all the fear of buying from some money managers...
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