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

To: moufassa7 who wrote (50850)	4/20/2001 9:27:11 AM
From: maverick61	Read Replies (1) \| Respond to of 57584

I would agree Moufassa - we need some healthy consolidation / pullback here

To: moufassa7 who wrote (50850)	5/9/2001 8:15:43 AM
From: moufassa7	Read Replies (1) \| Respond to of 57584

In post 50850 on April 20 I suggested the previous days NAZ close of 2182 was ahead of itself and needed time to digest the recent sharp gains. Now, nearly 3 weeks later we have a close just 16 points higher at 2198. We have been up, down and all around, the very definition of a choppy market. This choppiness will end with resolution of a new trend in the near future. I'll leave the new direction of the NAZ to be debated by the myriad of bulls and bears on SI. My strategy is to be a short term trader both long and short until the market decides to make it's new direction clearer.