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

To: velociraptor_ who wrote (19417)	4/30/2001 5:16:02 PM
From: American Spirit	Respond to of 37746

Don't forget the Fed rate cut 10 sessions from now. Who's going to want to sell or short into that for more than a day-trade? Probably another .50% cut. Summer is anyone's guess but April 1-15 is bull territory, give or take a few helpful profit-taking sessions. I admire your technical knowledge but do those analyses factor in extraordinary events like the Fed cuts? And how can you say we'll either go way up or way down? More likely we'll stay within a certain range, say Naz 2050-2450 or Dow 10,200-10900, something like that. But I'm just thinking short-term here. The next two weeks. What other events might there be in the next two weeks which might frighten investors off? Can't think of any. Too many stocks still under cash value and big telcos have yet to rally. When both those correct themselves (to the upside) then I'll go neutral or buy energy stocks for awhile but not until then. The tech recovery continues. One more leg up here minimum. Plenty of buying on the dips, even amongst former shorts. Plenty. That growing feeling of security is the real catalyst here.