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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: LTK007 who wrote (9671)10/7/2002 11:39:20 AM
From: LTK007  Respond to of 30712
 
ON hitting 8.92 today it got back to the 2nd week of 1998.



To: LTK007 who wrote (9671)10/7/2002 11:52:41 AM
From: LTK007  Read Replies (1) | Respond to of 30712
 
CSCO went down on massive volume and is now rising on light volume. Classic sign of propping. Max



To: LTK007 who wrote (9671)10/7/2002 11:57:55 AM
From: Cola Can  Read Replies (1) | Respond to of 30712
 
WS is doing a good job at keeping people in the market and
out of gold and gold stocks. Since gold hit 330, back in
June, the DOW has dropped about 2000 and Naz has dropped
around 500. Yet gold and gold stocks haven't gotten back
to that high, back in June. Listening to CNBS and Loonburg,
we'll get a great end of year market run. One analsys
said the market will close up this year. The mother of
all rallies. The DOW will have to run about 3000 from
this level. When Dec rolls around and everyone is expecting
a huge drop due to tax selling, I expect WS to play the
Jan effect rally. If the public sells in Dec, they can't
claim the tax break, if they buy back in Jan, so I believe
they'll hold for further lows. But I can't blame WS
anymore. How many times do people have to be lied to before
they wake up? As Redd Foxx once said, "I don't need anyone
to help me do bad, I can do that on my own."