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

To: Zeev Hed who wrote (14603)	4/17/2001 7:07:35 PM
From: Rick Storm	Read Replies (1) \| Respond to of 30051

Zeev, thanks. I have noted alot of public vs specialist shorting on the nyse, for weeks now which is usually a contrary indicator; we have already had one day on intense up volume in march I think and if we have another or two this week, with high tics, then maybe market trend will change; I dont have any turnips only lemons<G>, but everywhere on SI there is nothing but discourse in how to short and now the market has stopped going down on bad news; and people are reajusting to new expectations which is an economic necessity after a set of assets have bubbled; I know this is tricky but if the consumer sees the market and mutual fund worth rise; and then feels better and continues to spend; then only a short downturn?? , thanks