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To: moufassa7 who wrote (51106)4/27/2001 10:31:18 AM
From: moufassa7  Respond to of 57584
 
Actually, I'm more bearish short term now than yesterday. Why, you might ask. Well, if the NAZ cannot break resistance after 2, count em 2, "bullish reports", forget about it. Down we go. IMO.



To: moufassa7 who wrote (51106)4/27/2001 11:00:58 AM
From: carepedeum2000  Read Replies (1) | Respond to of 57584
 
good point mouf, looks like we are in a fairly narrow trading range short term, 2000 needs to hold on downside, (also 600 on sox index) for naz to continue working its way higher, ultimately , the long side will win out, but which day is the big question for the active trader, there doesnt seem to be too much strength in either direction right now, but didnt somebody say dont short a dull market? 43 to 46 appears to be the trading range on the qqq, flat is probably the prudent thing to do until the range is broken, but that is kinda boring isnt it?
easy to be right and wrong in this market (in the same day)