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


To: Stoctrash who wrote (15127)2/9/1999 4:22:00 PM
From: Chip McVickar  Read Replies (1) | Respond to of 44573
 
>Smile<

"No Soup"
Fred, I expect as many do that a rally will show up some where...
My Best Guess would be off 1200 or 1215-16
But be short lived
__________________________

But I have a Warning....
BY THE RUMOR SELL THE NEWS

The Nasdaq reminds me of the penny stocks in Canadian Exchanges, which
I've traded....and the mentality which drives pennies is REAL HARD and NASTY.

Sucker-up the small players with HOPE and PULL out the rug...
Parabolic rises ALWAYS retrace

Clinton Impeachment resolution has been expected for weeks....
The major players and market makers could be setting up for an early spring break.
MIGHT very well use this opportunity to take their profits.
Techs - Internuts - and other High Flying NASdaq's are all parabolic

IMHO....Clinton may provide the signal to unload this cycle.