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


To: h8_2_b_l8 who wrote (14061)11/7/2002 10:37:04 AM
From: LTK007  Read Replies (1) | Respond to of 30712
 
<<It's imperative that we take out 905 on SPX and 1379 on Compq soon.>> Yes.Thus far today the tape handlers are showing still complete control. The plug has not yet been pulled.
Money source can still be from institutions with a 100year time frame(i am not making a joke on that one, they simply say,well whatever price is now it is low enough relative to 20, 30 years or whatever, at which point the price will be well higher decades from now,so history tells them). When they make a decision to re-allocate more to equities they just keep buying until they are done; and sustain the market while they do so. Max