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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?


To: John Pitera who wrote (314)7/5/1999 11:16:00 AM
From: J.T.  Read Replies (1) | Respond to of 19219
 
John, If Cramer sees smooth sailing ahead, that means we have a real short time-frame in which to work and book more profits in this run before pullback. If we can get through first day back with little pullback and relatively unscathed, I would take some profits into strength of third trading day this week--historically a good trading day for post market holiday's.

Best not to get tunnel-vision and think this market is going straight up to tower of Babylonian empire to the heavens unabated. Remember the foundation that was built underneath this tower? Sand or clay? <g>

Best, J.T.