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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: captain_midnite who wrote (11717)2/26/2001 3:15:13 PM
From: Crimson Ghost  Read Replies (1) | Respond to of 30051
 
NDX not outperforming NAZ on this bounce. A very bad sign IMHO.



To: captain_midnite who wrote (11717)2/26/2001 11:58:07 PM
From: pressboxjr  Respond to of 30051
 
Agree on stock buy-backs.

As far as this rumor of rate cut, it is starting to sound like a big ole pump -n- dump, but who knows?

As usual, more indecision for this market.

Breaking 2303 was pretty important today, IMO. Maybe enough to let market fill gap at 2536? Time will tell.

Keep that finger close to the trigger.

JR

P.S. It most likely won't happen, but what if consumer confidence and NAPM comes in higher than expected? Ha ha ha, talk about throwing a monkey wrench into everything.