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Pastimes : All Clowns Must Be Destroyed -- Ignore unavailable to you. Want to Upgrade?


To: Lucretius who wrote (36420)5/30/2000 9:51:00 AM
From: robnhood  Read Replies (1) | Respond to of 42523
 
<<. gaps up in a downtrend are NOT
bullish >>

Did you just make that up?



To: Lucretius who wrote (36420)5/30/2000 9:53:00 AM
From: pater tenebrarum  Read Replies (2) | Respond to of 42523
 
well, we will know soon enough. predictably clown-in-chief Dan Niles has begun pimping MU with his switch to the Lehman crook-den.

i think this rally will keep going for a while...the new mantra is 'the economy is slowing, and the Fed's hikes will soon be over, so we can buy 'em again'.
which is more or less as expected...also the fund outflows late last week are a buy signal. note that the fund industry reacts to outflows with heavy buying to get people to put their money back in...so you get the buying, which begets inflows, which beget more buying, etc.