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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: epicure who wrote (8061)3/12/1999 1:27:00 PM
From: donald sew  Read Replies (1) | Respond to of 99985
 
X,

>>>> Same thing happened around 9000 right? Pump...and then dump <<<<

I think so. If one remembers last year we were at 9000-9100 range for several weeks then sold off in JUNE to the around 8700 then the runup in JULY to 9300, then the big selling started. Im not saying the same thing will or will not happen that way, just that the BIG BOYS will want to keep the DOW near 10,000 as long as possible to so they can pocket as much gains as possible.

seeya