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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?


To: T L Comiskey who wrote (53787)4/19/2002 5:20:28 PM
From: Jim Cash  Read Replies (2) | Respond to of 99280
 
I'm torn at this juncture.. The NASDAQ had an upweek for the first time in over a month, Larry's Nasdaq channel is also up and we had a MACD buy on the daily QQQ chart this week. I'm thinking some money that has been riding these HMO stocks is going to move into the NASDAQ and the HMO's may be ready for a breather.. The move has been near parabolic and that often signals the end of a bull phase. I'm NOT recommending A SHORT because the charts are still strong.. Have a nice weekend.