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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: dennis michael patterson who wrote (30746)9/22/2000 3:20:34 PM
From: donald sew  Read Replies (2) | Respond to of 42787
 
Dennis,

That type of psychology is good for short-term, but will it hold for the longer term. It hasnt for the last 1 1/2 years. Maybe enough to keep it in a trading range, which has been my position for almost 2 years, and I wont turn extremely bearish until the SPX takes out 1340 which I have said for several months.

So trading range, you could be right. To set new highs from here, I doubt it.