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To: Proud Deplorable who wrote (20710)9/18/2003 9:04:42 PM
From: jrhana  Read Replies (2) | Respond to of 39344
 
It almost looks like the mother of all short squeezes

is underway

Imagine if the market is this strong in September, the traditional worst month of the year....



To: Proud Deplorable who wrote (20710)9/18/2003 9:09:48 PM
From: jrhana  Read Replies (1) | Respond to of 39344
 
More Russell from today:

<CONCLUSION -- Today was a very impressive day. From a Dow Theory standpoint we had simultaneous new highs in the Dow and the Transports with the Utilities strong.

The bullish side of the 50% Principle is now in force, with the Dow pulling away from the 9504 or 50% level to the upside. Those who want to speculate should buy DIA, SPY or QQQ at tomorrow's opening, but I would buy sparingly with stops. The uptrend should continue.

And that about winds it up for today.

Russell>



To: Proud Deplorable who wrote (20710)9/18/2003 9:20:15 PM
From: dara  Read Replies (1) | Respond to of 39344
 
Thanks for posting. I finally decided to subscribe.

;o)


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