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To: JRI who wrote (8883)1/12/2001 3:53:59 PM
From: Boplicity  Read Replies (1) | Respond to of 13572
 
Yes, Nice tight consolidation after big gains is always a good sign. Yes, I want the market to settle down. I would of rather of seen econ numbers to show more slowing with less inflation. We need the ease from the FED and the market to be more restraint. I like what I'm seeing today with 15 min left, very good action today considering the week we just went through and where we have come from. I believe today's action confirms the tone change from bear to bull. If you remember the last few weeks after big gains the market would come crashing down, now we are having consecutive up days with a consolidation day afterwards. Any bears hanging around now are in denial just like the bulls at the top. Sure the bears will be able to identify singular stocks or even sectors to play but the wind is in their face, and the tide is pushing them out to sea, so they are left on sunfishes floating around and paddling in ponds with beer bellies.

Greg