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Strategies & Market Trends : Ask DrBob

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To: manfmnantucket who wrote (7515)	10/4/2000 9:31:35 AM
From: bcrafty	Read Replies (1) of 100058

Mfn: another scenario NASDAQ capitulation should come Wednesday By Paul Cherney, S&P Market Analyst "....Ideally I'd like to see a gap at the open, then even more selling and lower prices to trigger sell-stops to shake the stock from weak hands. In the process it would be good to see big volume both on the way down in prices (showing that nonbelievers in the upside are giving up and selling into a declining market), but then even more important, even bigger volume as prices rebound from intraday lows, that would suggest that the money on the sidelines has thrown caution to the wind and is running into the market with buy tickets in hand..."

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