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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: SE who wrote (648)	5/14/1998 10:58:00 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 44573

Scott There is so much money out there looking for a home in so few shares of stock...i would wait till after next weeks FOMC...then we'll see the next best move... Trending bull markets can go overbought for months...don't automatically think because of the technicals of this market that we will abide by those techs... I still think there is a lot of life left in this bull...look out if a few things fall into place...and remember 4-5% selloffs are nothing more than buying opps at the moment.. people do not want to sell there core holdings, and in fact continue to add on every selloff..the entire mentality of the stock traders/investors has completely changed...the outlook is to buy and hold & add when ever possible, and don't ever sell...it simply amazes me... but the investing public will not panic out of this market, i don't care what the market does...they are "in it for the long haul"...aren't we all????