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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (26227)	4/18/2000 3:56:00 PM
From: shasta23	Read Replies (1) \| Respond to of 71045

Harry! It looked to me that the market was drifting lower but THEY(?!) kicked in some buying program so that we end up strong. Tells me that we might have more upside and that "they" want to make it look good for the public too. Well, i might miss an opportunity here but i'm not buying IT or any stock. Just find it ridiculous how the media is now focusing on the good earnings. Makes me sick and reminded me why i never used to watch it. Will go back to not watching. Waste of time! I'm not that nimble and i'd rather wait for a base or when it hits the downtrendline to go short again...it will take a while to get this thing out of the official downtrend category! BTW from 3200 to almost 3800 in 2 days is like a 16-17% gain! I guess that's normal these days... Stefan