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Re: key reversal S&P



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Looks like every day for the past two weeks to me.   A scared market that
knows it's over-valued but can't be sold off because buyers jump in at the
first sign of weakness.   I see no change in this for some time.  The trend
is up overall but movement back and forth between groups is essential here.
  They run one up, look back and see the one that got left behind, sell the
one they just ran up and go back and buy the "value" group.   Be nimble, be
quick, .. common sense is in the moon of "Don't fight the tape".   :)

Bob



At 02:20 PM 7/19/99 -0400, Dick Webb wrote:
>Looks like we are making a key reversal day
>===
>Big Lucky Dick 
>
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