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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call -- Ignore unavailable to you. Want to Upgrade?


To: Win-Lose-Draw who wrote (9412)4/6/2003 8:02:21 PM
From: t2  Read Replies (2) | Respond to of 11447
 
Will the gains hold into tomorrow morning is the big question. Can the SnP finally break free of that barrier at around 885 that we have been seeing all last week.

Gap and Crap has to stop working at some point...tomorrow might be it. Traders are going to try the same tactic but we could get that big surge if they give in.

I am looking to my favorite indicator, the bond market to see how much it weakens to get an idea of how much the stocks can rally. There is obviously not much new mutual money flowing into stocks and it has to come from somewhere else. My guess is Asian and euro funds along with a bursting of bonds will do the trick..near and possibly intermiate term.



To: Win-Lose-Draw who wrote (9412)4/7/2003 4:18:19 AM
From: LTK007  Read Replies (1) | Respond to of 11447
 
Explosion Alert--895actually the barrier,and as of 3a.m., it look is SPX explodes through 895 and keeps going; that shatters the secondary bear trend line.
We have the makings of seeing every short in existence squeezed tomorrow.
This could be the biggest one day % gain in SPX history(but i have no idea what it is---?????).
The fact that DAX at this moment is 4.18%.
I just remind that insiders were bailing hand overfist last week and will very likely be selling heavily into this week.
Remember the scale of sellng by insiders from 4/1 through 4/5 ( esecially in large caps) reveal they see a broken economy 6months from now.
The fleecing of the average investor is in continuance.Max