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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Mark Konrad who wrote (46421)1/31/2001 9:50:31 PM
From: carepedeum2000  Respond to of 57584
 
i think the market is going to be fine for the year, but ive noticed for daytrading purposes, if you look at defensive plays and bond yields, it helps to see where the money is rotating too, if defensive plays are down, (like drugs,gold) and bond yields are up, you have very high odds in buying tech plays, if the defenisive plays are up and money is flowing into bonds, you are not going to get much pop out of the techs, im not buying any defensive plays but these indicators will help tell you how "aggressive" you can be
will probably get gap down tomorrow, now is that a dip we can buy?
at this point, i think we will hold 2700 area as a bottom, but not willing to bet the farm yet, oops, on second thought, im already fully invested
stay tuned