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Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: giddy guru who wrote (15859)	5/6/1998 8:59:00 PM
From: Clint E.	Respond to of 68326

>>Industrials may follow within 3 months. That is DJIA 8300 - 8400 and NAZ may correct more. Giddy, anything is possible but personally I gave up forecasting such deep market moves because they don't happen too often. The game plan has been to push markets up so high early in the year that any correction is considered minute, leaves plenty of ROI for the year, and plenty of time to re-invest & rotate into new sectors. With the kind of pressure that WS is exerting on corp. exec.....& all the reasons we have heard over and over..I don't see this bull market end for a while. My brother thinks that it will end when Michael Jordon will decide to retire. He is the ultimate bull! That aside, I will be looking to short PSFT again. I'll let you know. Clint