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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: blitzfund who wrote (74502)2/1/2007 5:12:44 AM
From: GROUND ZERO™  Read Replies (2) | Respond to of 94695
 
A bull market will always climb that "wall of worry," there's always something or a few things that will make someone or another nervous enough not to buy into the rally, this is what makes the rally work so well... if everyone actually believed the rally, then the DOW would move 5000 points in the first 30 minutes of trading, everyone would get rich and then sell out, and that would be the top... these markets prefer to travel light... I could only speak for myself here, so when my model is pointing higher, I don't pay any attention to anything else... and when my model is pointing lower, I don't pay any attention to anything else... this way, I never have to worry or wonder about this or that, I let everyone else do that for me...<g>

Don't worry, be happy...<g>

GZ

P.S. After yesterday's closing bell, Google reported fourth-quarter profits nearly tripled, while sales rose 67 percent...



To: blitzfund who wrote (74502)2/2/2007 1:13:05 AM
From: sandeep  Respond to of 94695
 
Look at all the old leaders - they are down quite a bit vis-a-vis their 52wk high at this new all time DOW high. AAPL is 13% below its high, GOOG about 4%, GE about 7%, MSFT about 4%, INTC - don't ask, CSCO about 8% etc.