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To: NOW who wrote (250165)7/15/2003 2:02:48 PM
From: Perspective  Respond to of 436258
 
Umm, yeah. Don't fight market momentum. Let there be no question that the momentum has ended before you take any positions. Better yet, wait for selling momentum to develop. Watch for a high to form, and a failed attempt to take out the high. The rallies have all found support at 50DSMA; wait for those to fail. But mostly, wait for universal weakness in that whole batch of lottery tickets. When the time is right, they will all fall in unison.

But you should know this stuff already...

BC