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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (1986)6/3/2000 1:27:00 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 33421
 
Jerry,
What are you thinking for a pullback? I am thinking 50% off of the last stick of Xs on the Naz.....let's say 3525ish.

S&P...hmmm 1440ish (notice the spread triple top resistance at 1480).

I'm still leaning toward a pullback after a monster runup rather than a test of new lows.

But, of course, I believe in taking money off of the table on days like yesterday.
Message 13817064



To: Jerry Olson who wrote (1986)6/3/2000 4:54:00 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 33421
 
You may be right about your assessment... I just get the feeling that we're moving lower next week.....<g>

GZ


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