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Strategies & Market Trends : Group Therapy -- Ignore unavailable to you. Want to Upgrade?


To: E. Graphs who wrote (2795)1/12/2001 3:20:28 PM
From: Duane L. Olson  Read Replies (1) | Respond to of 4564
 
E! Profit taking does make some sense, butl don't you think this rally overall should run to at least the end of the month...maybe with a bit of rotation? I was just about ready to take a few profits again today...like ELNT at 47 1/2, but missed it and waited.....mistake.
Money appears to be rolling back into the funds according to CNBC...and they say 65% of it is going into "growth" (probably means picking up those "bargain" internets)... Do you think this market has really been bad enough to kick out all the hopeful?.... my impression is that many are treating it as an inconvenient interlude in that ongoing bull market. And they could be right! <GG>. I'll keep a strong long position for now...
TSO