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Strategies & Market Trends : Moufassa's Lair -- Ignore unavailable to you. Want to Upgrade?

To: KevinThompson who wrote (2800)12/14/2001 10:58:55 AM
From: moufassa7  Read Replies (1) | Respond to of 13660
 
I'm not sure why. Every move has it's leaders and they were the chosen ones. For the markets to truly turn down, those leaders have to stop leading.



To: KevinThompson who wrote (2800)12/14/2001 11:07:32 AM
From: moufassa7  Read Replies (2) | Respond to of 13660
 
One reason they were so strong is this scenario. As the rally progressed, short sellers were attracted to this group because of their strength. When they did not retreat, people covered forcing them even higher and attracting more short sellers. The process kept repeating itself.


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