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To: Johnny_Blaze_420 who wrote (45821)1/18/2001 6:38:48 PM
From: Trumptown  Respond to of 57584
 
Yeah...I understand...but, shorts are running out of time to cover, longs looking to get in are running out of time to buy.

With the energy issue, and no inflation, Greenie is likely to be aggressive...

I expect next week to be flat to down (post opt expir)...tomorrow should start strong...haven't decided where it goes yet...hehe, I'll let ya know after the close<g>

SR



To: Johnny_Blaze_420 who wrote (45821)1/18/2001 6:39:42 PM
From: GREENLAW4-7  Read Replies (1) | Respond to of 57584
 
Blaze am I the only one feeling this rally the last 2 days and specially today feels VERY, VERY SUSPECT????

Not knocking those who are long, but from what I am hearing from these earnings reports I would think market would be soft?? But it is just CHUGGING WAY TOO FAST!

Last time we did this from 2550-3000 in 5 days we rolled over just when all thought we were going back to 3500 including myself! I believe NASD must retest 2500 range to show we can go to 3000 without looking back!



To: Johnny_Blaze_420 who wrote (45821)1/18/2001 6:43:50 PM
From: Jane4IceCream  Read Replies (1) | Respond to of 57584
 
JB420,

I think the alt energy stocks have run up very fast....yet....more rolling blackouts in Cali might lend to a sustained rallye of some kind through tomorrow (especially IF the Nasdaq is way up). At the close I still saw more buyers than sellers in PLUG and the others.

The other issue is the rotation this week from the energy sector stocks to the techs AND the alt energy stocks. Still happening major.

Jane