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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling -- Ignore unavailable to you. Want to Upgrade?


To: Walk Softly who wrote (1452)6/1/2001 4:14:47 PM
From: Walk Softly  Respond to of 6873
 
Other's might say DJI just pump-faked back to its 10,850 (5/14/2001) break out level.... since it held, we may be off to the races... in other words the close below 11k don't mean diddley, because after all it is "just a number".... the NYSE floor analyst interviewed on CNBC late in the day basically said the DJIA is poised to go "a lot" higher...... hummmm.... what about seasonality..... hey I'll play the mo mo game if that's where we're headed..... it's just so hard to believe it watching debt laden fat cats like CAT lead the way.... try to find a DJI stock that ISN'T overvalued by the traditional NPV methods..... damn the torpedos... full speed ahead.... its' the very irrationality of it all that actaully gives creedence to his belief....

there was actually a short covering blip at the end of the day in the last 15 seconds... what a joke...