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


To: TREND1 who wrote (15382)11/17/2002 11:06:45 AM
From: DebtBomb  Respond to of 30712
 
they're going to try to kill the shorts imho

think about what they'll say on tv to the masses:

nasdaq double top broken

new bull market

4 year cycle lows are in

20 year cycle lows are in

no war in iraq

the replacement cycle is here

oil prices are falling

no gains to be made in money market funds

lower rates will fuel mortgage refi's again, and increase consumer spending

any others??



To: TREND1 who wrote (15382)11/17/2002 11:07:00 AM
From: Win-Lose-Draw  Respond to of 30712
 
that's exactly why they're going to make sure we break 1426. at the rate we're going, probably tomorrow, certainly before the feel-good turkey long weekend.

jeff has said many times - and i agree with this - the final phase of the bear won't be upon us until they suck most of the bears into believing the lows are behind.

all jmo...



To: TREND1 who wrote (15382)11/17/2002 11:58:38 AM
From: ajtj99  Read Replies (1) | Respond to of 30712
 
Larry, this is why I had a problem with the NDX breaking the August highs while the COMP did not. Usually that divergence is addressed sooner or later. I think the COMP gets above the August highs within the next 10-days.