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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Dealer who wrote (37210)5/23/2001 4:02:01 PM
From: Dealer  Read Replies (1) | Respond to of 65232
 
Lower Volume today......at least we got something going fer us....

Nasdaq Volume 1,776,568,000

dealie



To: Dealer who wrote (37210)5/23/2001 4:09:46 PM
From: Sully-  Read Replies (1) | Respond to of 65232
 
Most guru's I follow have used 2250...... however, one almost immediately after 2250 was breached, said 2250 was not as important anymore.......

FWIW, Yes, 2250 was breached, albeit only by a few points. It could be a head fake........ seems that we investors are becoming more & more TA savvy..... perhaps all this sloshing around & minor breaches of TA points is to get us to jump so they can go the other way.

Volume was light today too. That is a plus.

I still think we could see more upside in here. I heard the tax cut passed. This could be spun to rally the markets.......

As Ringo once said..... "You know this don't come easy."

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