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Strategies & Market Trends : NetCurrents NTCS -- Ignore unavailable to you. Want to Upgrade?


To: MechanicalMethod who wrote (7395)7/15/2001 12:30:30 PM
From: Teresa Lo  Read Replies (1) | Respond to of 8925
 
I think on the NDX a lot of people will be looking at this breakout as if it might fail. They tried to go long a few weeks ago only to be trapped, but I think this time, given how many people want to short this rally, perhaps the diabolical market will go straight up? First, we will need to see the first scary pullback of course.

Check out these posts from Friday, and try to peg the psychology:

clearstation.com
clearstation.com
clearstation.com
clearstation.com
clearstation.com
clearstation.com
clearstation.com
clearstation.com

And in the end, the S&P got 'em into the close...just like the script. The NDX was a little weaker, though.

T.