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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Mark Konrad who wrote (24757)4/26/2000 5:20:00 PM
From: Tradelite  Respond to of 57584
 
Just heard another technical analyst (from the local Legg Mason office) say that today's retracement was healthy. An upward spike today would have been a bearish signal, and right now the market is building the base it needs to make its next powerful bull-move upward.

There will be heavy overhead selling on the Naz at certain levels, and it's useful to me to remember that before buying into stocks. Maybe we should let them get over the hump of resistance and pick them up later, even if we have to pay more for them. [altho waiting to pay a higher price is against my personal religion]