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


To: moufassa7 who wrote (4729)2/8/2002 12:08:17 PM
From: moufassa7  Read Replies (1) | Respond to of 13660
 
Does any one know the last time the NAZ closed lower for 6 consecutive days?



To: moufassa7 who wrote (4729)2/8/2002 12:11:17 PM
From: Mark Konrad  Read Replies (1) | Respond to of 13660
 
This "accounting virus" will continue to spread and continue to put pressure on the markets for the foreseeable future. I would trade this market up and down for quick scalps or stay on the sidelines. Very tough to find long positions worth holding for more than a day right now. CSCO is a bit of a guidepost; if/when it stabilizes and starts rising, the waters will be much safer for other techs. All imo--MK--