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

To: AllansAlias who wrote (36548)	4/19/2002 10:09:05 AM
From: Shack	Read Replies (3) \| Respond to of 209892

I am finding it hard to believe that we have entered the much talked about 'spring rally' mode here. I thought the IRA liquidity would help drive this market a bit but there was over $7 billion in equity fund inflows for the 5 days ending 04/17, most in a year, yet the SPX finished that period right where it started. Seems like there is still plenty of supply. Tech looks particularly ripe for a tumble here as the QQV is heading right back to the late March lows here. Monetary aggregates stalled as well. I am weeded but am starting to think about a short entry again.