InvestorsHub Logo
Followers 4
Posts 256
Boards Moderated 1
Alias Born 05/27/2002

Re: ajtj99 post# 101266

Thursday, 04/24/2003 9:47:27 PM

Thursday, April 24, 2003 9:47:27 PM

Post# of 704019
Looks like your Trip top will get busted on the upside if your talking about the one starting in mid march. I see the 200 day MA on the NASDAQ has turned up. Is this a sign? The 200 MA will certainly come into play in the near future since so many follow and act upon it.

The market might be overbought for the near term. The NASDAQ looks like a pull back has started. But just remember this. The so called "bad economy" is mostly a fabrication of the left leaning mainstream press. If the dems were in power a different story would be out there. My point is this: The market has been overdone on the downside and ready to go up. I think we are getting ready for a good intermediate term rally.
I don't care one way or another sice I can make money no matter what, but I am concerned about others.


Jibes
TrendSeekers at:
http://jibes0.tripod.com/trendseeker.html
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.