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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (32477)2/27/2002 2:20:42 PM
From: nspolar  Read Replies (1) | Respond to of 209892
 
Shack, I find myself spending more and more time over here, on this site.

<One by one they will fall>

That is how I've been reading the market. Appears to me we have had some money rotation from the 'trouble' stocks and sectors to 'safe' stocks and sectors. Normally that would be fine, but the problem is that the 'safe' stocks are in general way over valued for the times ahead. So there isn't enough juice to keep it going.

Bottom line as I see it is that it is becoming increasingly difficult to hide and one by one the stocks that are flying will get hosed.



To: Shack who wrote (32477)2/27/2002 2:23:52 PM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
LOL.

I've been there. What a beautiful spot.



To: Shack who wrote (32477)2/27/2002 2:25:22 PM
From: AllansAlias  Read Replies (4) | Respond to of 209892
 
No way in the world that NDX 1382 should fall unless something ugly is afoot. I canmake a nice case for it to turn there and give us more up. If it doesn't hold, well, it's back to the lows imo.


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