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Pastimes : The Naked Truth - Big Kahuna a Myth -- Ignore unavailable to you. Want to Upgrade?


To: MythMan who wrote (43577)5/27/1999 3:07:00 PM
From: John Pitera  Read Replies (1) | Respond to of 86076
 
well maybe this rally in the nasd is just due to the extended trading
hours proposal that went through, that is what they are attributing the nasd rally to.

I have seen every sell off the past 3 years and today it feels more bearish than yesterday, bears are patting themselves on the back, but a number of the leadership stocks are well off of yesterday's lows and
the bulls are excited about that. Dell, Msft. intc, amat, sunw, EMC
all are higher than yesterday. MSFT has set up a nice multiple divergence buy signal.

So it feels more bearish but that makes it more bullish, and the leadership stock are saying this. JM2C