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

To: BANCHEE who wrote (47122)2/9/2001 11:04:09 AM
From: Far Side  Read Replies (2) | Respond to of 57584
 
Todays' action sure looks to me like 4DML. It historically ends by 2:00 pm.

I am calling for a bounce in the later afternoon but I'd say by this time next week we will be at a lower level on the Nasdaq than where we are now.



To: BANCHEE who wrote (47122)2/9/2001 11:21:53 AM
From: moufassa7  Read Replies (1) | Respond to of 57584
 
NAZ looks oversold to me, but this market has been so weak for so long, oversold is the norm. I'm thinking a "bounce" should begin monday. I'm on the sideline today. I don't like starting new positions on friday. My guestimate yesterday a.m. that NAZ would fall below 2550 was right. I didn't follow my instinct and closed my shorts to early. Always happy to take a nice profit.


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