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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Sergio H who wrote (21123)	10/2/2000 3:22:56 PM
From: Galirayo	Read Replies (1) \| Respond to of 29382

[ Thoughts ] Sergio. Most everyone was expecting a Rally recently. One that should be sold into. If everyone is expecting a Sell into rally. There is no rally. So here we are. Behind us ... a few one day wonders. I still want to see the Chips Lead and hold. And the NAZ cross the 100dma or at least run at the 100 with Conviction. Otherwise ... we just trade. Trading .. that's tough to do in this market especially when they Shoot another General every day. The Bear Squad is certainly effective. I think most investors will have the tendancy just sit ... and watch .. or go fishin. And the much touted "Cash on the Sidelines" will just sit there as well until there is enuff confidence to say "Go" ..... in unison. I think most are gonna wait for the safer middle bite. I'm not gonna even try for a Bottom call here unless it's a revelation. G'Luck! I Think I'll go fishin! Ray