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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: U.B. Green who wrote (8582)12/5/2000 1:16:21 PM
From: Bosco  Read Replies (1) | Respond to of 30051
 
Hi Bernie - not making $ is better than losing *less* like me <VBG>! I'd say today action is impressive. My guess is that the election rally could indeed peter out, but Chm Greenspan simply turned on the supercharger with the AB speech. In truth, it is widely expected that he may tone down the bias on Dec 19th.

The thing is that both LSI and XLNX bucking the trend looks really promising. Since many people have expected a retest [and breach] of the recent low, lot of shorts caught with the pants down. Maybe they will come back to make up lost ground

best, Bosco