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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: GrillSgt who wrote (21374)12/1/2000 2:06:31 PM
From: im a survivor  Read Replies (1) | Respond to of 65232
 
<<However, any bellweather warnings and all bets are off.>>

I think we can assume we will get some of those...it's more a question of when, and how we react.

I am curious to see if we hold the gains going into the close. Part of me thinks we will sell into the rally and lose much, if not all of todays gain. The other part of me is thinking the shorts must be getting a little nervous...the later we go...the greener we stay, the more nervous those shorts will get....after all, we are at 2700, not 4700, so certainly the shorts must be slightly on edge, and if they cover en masse, it could be such a trigger that it even pulls in the sideline money. We Know it's there....we know it's waiting to come back to the market. if they feel the tide has turned we may see that sideline money come back as well.....if not for this damn election crap and uncertainty, we would no doubt be much higher.