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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: marquis103 who wrote (90424)3/30/2000 8:04:00 AM
From: stan s.   of 108040
 
>>>>but I sure feel stupid for spending cash on what
looked like "bargains" on the way down. <<<

Hi Russ, that's exactly why I hope we get a big downdraft at the open. Capitulation, that could set the stage for a possible later day rally. It doesn't even matter if it's an up day (though it may well be) but rather a day where the close is higher than the open.

These head fake, repeated, failed rallies at the open are not good, they are unsustainable as the day wears on.

We've had far too many in recent days (abbyday exception). Let's get the drop done early.

Stan
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