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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (6766)9/22/2000 4:09:30 PM
From: Chisy  Read Replies (1) of 13094
 
I should have brought this over here sooner. Don Wolanchuk's comments on todays market from R.B.

By: da_cheif $$$$
Reply To: 56605 by 4awhile $$$ Friday, 22 Sep 2000 at 1:08 AM EDT
Post # of 56617

good news about any collapse on fridays opening...first they will leave a gap...second all big rallies are preceded by declines justas all declines are preceded by rallies...the uglier this decline the bigger the rally to follow....nothing will change in that regard....there is an unfilled gap in the dec sp futures at the 1429 level ...a likely target for this move....and of course as we have seen in the past...overnite panics sometime provide for a surprise the next day....sooo dont get discouraged.....its all part of the game....good news comes at the top and bad news comes ata bottom....10544 is intial support if there is a decline...which so far seems likely but we got 8 hours to find out...

ragingbull.altavista.com
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