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Strategies & Market Trends : Drillbits & Bottlerockets

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To: Lost1 who wrote (2600)	2/6/2001 7:18:17 AM
From: Atin	of 15481

Like I've been saying for a while, PnF indicators work in trending markets -- something we don't have right now or have a downtrend going whose "period" for bear rallies seems to coincide too well with how long most stocks take to get a 3 box reversal and up! So we did drop ~10% since the tech Pnf indicators went up, but I wouldn't be surprised to see us going up soon since we're oversold. Like I said, mostly range bound . . . one of these times it breaks out, the question is which way! I think up, but many a bull has been made into hamburger trying to catch bottoms!

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