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


To: Win-Lose-Draw who wrote (24149)1/14/2003 10:16:42 PM
From: nsumir81  Respond to of 30712
 
No stop to the rally..not now..but later imo-g. eom



To: Win-Lose-Draw who wrote (24149)1/14/2003 10:46:07 PM
From: ajtj99  Read Replies (2) | Respond to of 30712
 
Someday soon many of you guys will figure out that most of that stuff you think is so incredibly pivotal is actually really trivial.

Anyone doing real business knows things are not good, and the prospects for the near future are no better. The market is not pricing this in right now, but it will soon enough.

Right now you might call it a sellers strike. When the uptrend fails and the momentum stops, we'll see real selling again. Until then, just put on the rose colored glasses or hold your nose when the news comes out, as it does not matter.

It does not matter. It does not matter. It does not matter..............



To: Win-Lose-Draw who wrote (24149)1/14/2003 11:17:39 PM
From: mishedlo  Read Replies (1) | Respond to of 30712
 
What power move?
Spoos between 900 and 925 for weeks it seems.
QQQ between 26-27 for same period.
Although the bulls are clearly in control, I do not see much of a charge here.

Are we drifting about a distribution top?
Many signs point that way, as well as to very very complacent bulls.

FWIW there is no doubt in my mind the PPT stepped in and bought that bad news. That said, one can not argue with success.

Everything is hugely overbought here and the incicies have not really done much IMO.

M