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Mamrket

(2005-04-29 07:42:13) 下一个
Market is doing its short term final dive as I expected (see 04/24). Bottom likely will be around 05/03 Fed meeting.Market will go sub 10000/1900 level. Now my market indicators start see positive diverges. With 10 year note at 4.16% and oil down to 51.20, a 3 ~4 weeks see-saw rally likely will develope after FED meeting to work out market oversold condition. Then wait for the Jun/July time big splash. So maybe it's time you should find a better point to do "sell at May and go away" or short. Good luck & happy trading Always wrong but never in doubt mzc
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