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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Vendit™ who wrote (22041)	8/25/1999 12:21:00 AM
From: bobby beara	Read Replies (1) \| Respond to of 42787

Vendit, didn't care for the lack of follow thru to the upside today to the fed meeting, also got a fairly sizeable (compared to very recent history) volume day with a spinning top on the SPX - bouncing off hard resistance @ 1373. I said bye bye to rbak, and took a small loss on inkt. The rally i think is long in the tooth for now, let's see if the bulls can keep this thing afloat in a trading range and they got to do something about the breadth, was horrible all day as dow was hitting intraday new highs. I saw a t/a give a chart of the fed funds rate, compared to market rates, they are way behind the curve in raising rates, big gap. The bulls may have been convinced that it was one and they were done, but may not be so convinced, that it's two and they are thru -g- (as shown by todays selling into the peak) bb