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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (70413)	4/4/2003 1:39:36 PM
From: NOW	Read Replies (2) \| Respond to of 209892

silly bear: thats cause they know the PPT has put a floor underneath us...g

To: orkrious who wrote (70413)	4/4/2003 1:41:03 PM
From: bcrafty	Read Replies (1) \| Respond to of 209892

okrious, and the reason why nobody thinks down is "imminent" is because the big boys keep taking us higher (you didn't think J6P started this, did you?) and they'll continue to do so until they get enough retail sheep in rally mode, and then they'll distribute big time. We're not going to be able to expect a consistently more logical market reaction to economic data and company reports until after the war is over and until after the "war rally" is over which, unfortunately for logicians, might be weeks. Resistance levels, bad economic data, warnings all seem to take second place to the war rally right now. Of course the market will take its bearish turn in the technical woodshed, but for right now we don't know when that will be.