News Focus
News Focus
Post# of 36151
Next 10
Followers 84
Posts 36520
Boards Moderated 1
Alias Born 07/08/2002

Re: TREND1 post# 1565

Friday, 05/02/2003 12:06:58 PM

Friday, May 02, 2003 12:06:58 PM

Post# of 36151
Anything is possible at this stage as this market behavior is quite weird (I've said the same about a week ago) to say the least. This market is hitting record territory overbought bullish levels with very bearish news. So go figure. This could also be a FED manufactured ramp which IMO could end up quite badly. I give it by middle of next week (after Fed Meeting) and I don't see us marching north of 28.8 on the QQQs. But with weird markets you get weird results.


"When fascism comes to America, it will be wrapped in the flag and carrying a cross." - Sinclair Lewis

"Those Who Would Sacrifice Liberty for Security Deserve Neither." -Benjamin Franklin

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today