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Strategies & Market Trends : Trend Setters and Range Riders
MSFT 485.92+0.4%Dec 19 9:30 AM EST

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To: RKHIII who wrote (11698)2/7/2002 4:04:56 PM
From: Susan G   of 26752
 
It seemed to start a bit today...the futures were down 24 last night, and opened around flat. Support was really held most of the day, all the indexes really tried to hold...
It was almost like everyone forgot until Skilling came on.

But I hate to say it, I felt that selloff coming all day, it just drove us all nuts, wanting it over with. Longs AND shorts.

I'm tired of shorting believe it or not, and it IS getting tougher which is a sign of the bottom.

But the damage at the close was horrendous, and we closed under 1800, so who knows.

Memories of April, the selling just would not stop.
On a weekly nasdaq chart, this looks just like that bear rally.
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