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


To: pressboxjr who wrote (23298)5/16/2001 7:36:14 PM
From: mayner  Read Replies (1) | Respond to of 37746
 
The delayed response, that was my intended point in my previous post to Velo. It's like there is a tug of war between the "technicals" of the market, and the psyche of the market. Today, the psyche obviously won out big time, and thats great, but it's hell to try and map out anything beyond 10 to 30 minutes in front of a trade. Got to go with the trend, sure wish I could see a trend beyond the end of my nose.



To: pressboxjr who wrote (23298)5/16/2001 8:00:42 PM
From: velociraptor_  Read Replies (2) | Respond to of 37746
 
At the moment, I also doubt there will be new highs, but it is a possibility and I have to throw it out there to keep us thinking. The DOW just rose 2100 points over 6 weeks. What's another 500 or so to new highs, and then another few thousand on top over the course of another year?