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Strategies & Market Trends : Sharck Soup -- Ignore unavailable to you. Want to Upgrade?


To: velociraptor_ who wrote (12925)3/23/2001 10:06:37 AM
From: JRI  Read Replies (1) | Respond to of 37746
 
Velo- Could that have been a .23 retrace? or still possibility for doublte top here>



To: velociraptor_ who wrote (12925)3/23/2001 10:29:02 AM
From: fswep  Read Replies (1) | Respond to of 37746
 
Velo,

Don't you wish that you could get a look at the same book that the MMs have access to. I too, think this is a forced rally to bring in buyers. This action could go into next week until the backlog of sales from redemptions depleted.

I am one of them. I have a annuity that I can only move 4 times a year April 1 is the first time this year. So I think we could be in a sideways rally for next week (IMHO). Then on the 2nd we will go back to what the charts say.

I guess the question is if one can get in and out without getting burned and left holding the bag. Maybe a spread trade is the order of the next ten days.

Ward