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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: J.B.C. who wrote (52741)	7/28/2004 1:25:07 PM
From: Jorj X Mckie	Respond to of 57110

one thing that I noticed was that there were a few of the momo traders (like TASR) that rallied really hard while the more solid stocks were less than impressive. Basically, the speculative money may have helped yesterday's rally, but the lack of broadbased gains said that the real money still wasn't coming into the market. I think that the 1800 target may be good before we get a real bounce. and I do think that the next bounce is likely a good place to sell (after some consolidation/distribution).