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Strategies & Market Trends : Market Direction Predictions and BS guesses -- Ignore unavailable to you. Want to Upgrade?


To: michaele23 who wrote (201)6/21/2000 4:13:00 PM
From: michaele23  Read Replies (1) | Respond to of 234
 
Well, it looks like I was pretty close this afternoon. I think the oil deal helped a little this afternoon, and I also noticed some strong buying coming in on some tech stocks around 3:30, like JDSU, ARBA, etc. Looked like institutional accumulation to me, via program trading.

I think tommorrow we are looking at a brief pullback due to profit taking from this bounce, not sure how strong but for sure in the morning, may last all day.