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Strategies & Market Trends : Love shack -- Ignore unavailable to you. Want to Upgrade?

To: D. Miller who wrote (155)	12/7/2000 5:28:51 PM
From: Grandk	Respond to of 322

Bulls are too strong right now. I cant see this market going much lower. They are looking for a rally, and a rally is what they will get. Sentiment has turned. INTC is evidence of this. NSM also warned today. So many warnings lately, no one seems to care. I see a run back at 40 for INTC by next Friday. However, after option expiry, Im looking for a retest of the lows, if not lower. January should still be a bad month. Then again, I believe the first week of Jan will be up as well. Crazy stuff. Wish it would just go straight down, but these bulls are resilient. This rally could get us back to 3000+ on the NDX. Maybe even as high as 3300. However, I dont expect it to last. Message 14968383 Message 14968187