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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: gregor who wrote (5538)10/19/2000 7:29:22 PM
From: yard_man  Respond to of 5676
 
Yes the market rallies anyway ... even though there isn't any beef ...

Look at that percentage gain today on the naz and soxx -- this isn't the sign of a healthy market -- it is the sign of folks who just have to believe it isn't over

To be sure there are some who practice money/risk management like yourself ... but there's a hwole bunch of folks out there who are simply gambling that a bottom has been put in ... looks like they all got back in today, too .. some with money not their own (my guess anyway)

we'll see ... if I am wrong I've missed a real good trade .. won't kill me ...