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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: KM who wrote (14269)9/24/2001 9:56:13 PM
From: TraderAlan  Read Replies (1) | Respond to of 18137
 
KM,

Think my concern about the waves in my previous note lead to about the same numbers. Raschke calls the 2-3 year type top we saw on the blue chips as a major distribution top. Takes years to overcome.

You know, it's really all just Dow Theory in action. The blue chips may have a lot of catching up to do in order to reach par with Nasdaq's performance over the last 18 months.

Really hope I'm a contrary indicator. I have no problem with that at all.

Alan


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