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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?


To: Smiling Bob who wrote (5281)1/2/2003 1:47:27 PM
From: Sojourner Smith  Read Replies (1) | Respond to of 19256
 
The SICI - SI Consensus Index has not been reliable for me even as contrarian indicator.



To: Smiling Bob who wrote (5281)1/2/2003 4:25:48 PM
From: Smiling Bob  Read Replies (1) | Respond to of 19256
 
Missed an important digit.Dow close 8607
Blotch on crystal ball???
Message 18393086
No EOD sell-off
Shorts didn't get in at day's highs or lows, and feel they remain safe to hold. The market needed to rally from it's oversold position and would have found an excuse one way or another. We just went higher than I thought we would in one day.
Other than a brief continuation tomorrow, we remain in the downtrend and positions should be traded to suit.
Fundamentals haven't changed and there are still too many potentail market killers in the works.
Day shorts carried into tomorrow afternoon will show profits.