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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: Goodale who wrote (16067)3/4/2002 10:39:54 AM
From: tradermike_1999  Respond to of 74559
 

Haven't seen your reaction to the big rally on Friday. Were you surprised and do you have any new opinions on market direction? Always enjoy your insights. Thanks


Yeah was surprised. Covered all positions but SURE. Just watching now. Picked out some breakouts - but just want to take a break from trading and enjoy profits.....

Think market will trade up or flat for next few weeks then break down again. But it is hands of the bulls right now.

Mark my words here though - if market does not make new yearly highs - which I doubt - and then tops out it will go through the September lows.