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


To: LTK007 who wrote (37380)12/5/2000 6:30:59 PM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
I doubt it; economy's still slowing, earnings are still questionable. I think the market's just removing the Fed/election uncertainty discount. I think it's a bottom of some sorts, but I'd be surprised if the market went hog wild. I think AG would be too, although he was unusually clear today.



To: LTK007 who wrote (37380)12/5/2000 6:33:15 PM
From: rocklobster  Respond to of 42787
 
the main problem I am still having with the pedal to the metal theory, is with the AII bullish survey still at 60% last week, and probably higher at the end of this week, ----- Who is left to buy... if everyones so bullish and has been since last week, the presumption is they are already long... My guess is this rally fizzles out, probably at 3000 and then goes back down for a few days for a retest... I do believe we will rally into the fed meeting starting probably four days prior to it.. these are just random thoughts I am already fully long now but may add a bit more, but I just don't trust this rally.. We have been faked out to many times in the last four months..

rok