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Strategies & Market Trends : Ahh Canada - 2 out of 3 ain't bad -- Ignore unavailable to you. Want to Upgrade?

To: Cush who wrote (4222)	2/27/2002 10:44:20 AM
From: Davy Crockett	Respond to of 5144

nice post Cush (eom)

To: Cush who wrote (4222)	2/27/2002 11:28:52 AM
From: Shack	Respond to of 5144

Well said Cush. I agree with all you said. I can only add a couple of things: The DOW is up against the summer 2001 shelf here where there is a lot of supply and it will need a massive surge of buying to clear that hump. A long here is risky and it is a good time to watch. I went long some DOW calls back on the 22nd and caught a few hundred points but bought puts a little prematurely (about 100 points ago.) The only other thing I can add is there is not a lot of volume on this break of the big dt line. That makes me suspicious. I am less bearish on tech by the way, alhtough it should get hurt too.