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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?


To: Duane L. Olson who wrote (1055)4/15/2000 11:34:00 PM
From: country boy  Read Replies (1) | Respond to of 4564
 
DLO:

<<<bear market>>>?

Definately, if you're Dan Sullivan:)

I'd say more of a trader's market. As you pointed out well, I see strong NAZ support at 2850 or 2900. As long as it doesn't break that, I see it still in a long term uptrend and this just a large, overdue correction. I really can't see it breaking 2900, and don't think we'll even come close---this week. I do look for a rally as you put it; though perhaps the first or second will fail given the monetary environment. Let's try and ride up what we can and get out on the peaks.

best,
cb