Moufassa's Lair Message Board

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Strategies & Market Trends : Moufassa's Lair

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To: moufassa7 who wrote (260)	9/24/2001 12:39:09 AM
From: Mike M	of 13660

Marvin, IMO capitulation is a process. I believe it started Wednesday when the NAZ broke 1500. In 1987 the capitulation started on a Friday, accelerated Monday and climaxed Tuesday morning. It was a 3 day process. And, I think it started Monday when we broke through the previous low 1629 on NAZ. That makes this a pretty long process.

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