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To: DlphcOracl who wrote (50947)4/23/2001 9:22:32 AM
From: moufassa7  Read Replies (3) | Respond to of 57584
 
DO, I do not think long term buys in tech are wise during April. May - October is usually weak. Bull markets do not start in April. August or October is when bottoms occur. What we have now is an over sold type rally. The NAZ is ahead of itself now. I am expecting a choppy market with a downward bias near term. Last week I posted that I thought that the NAZ would peak by last Wednesday. Wrong. I'll say we peak by this Wednesday or sooner. The fed pushed us back one week. Wednesday makes sense for a top. The NAZ bottomed Wednesday April 4 and tends to have symmetry in it's cycles.