uncle frank and volty, seen this play out before many times. it's my belief that although temporarily uncomfortable to see a big price slide in the techs it usually comes out to our advantage. shake out some of the weak hands, bolster the dow enough to spread confidence in the market to masses, churning the accounts of the uninformed wakes 'em up from complacency. builds a strong foundation for the rally in techs that follows. removes some of the volatility. never sure of what you mean by time capsule, but it's my observation that there is a time warp, or whatever involved here as this is occurring at triple witch, eco #'s, window dressing and upcoming fed meeting, etc. so it extends the predicted moves out in a slow motion fashion, but the gains will be sped up with the techs regaining momentum very quickly once through this period. when you see a stock like caterpiller put on 10-15% gains you usually can be assured of a bottom in the tech sell off and see a pop in techs to follow. i agree with volts middle of next week guess, only because of the variables in play at this time. ordinarily it would follow much quicker. likely to have a few headfakes between now and then if even just intraday. for those squirming over this market manipulation, i would advise sitting tight and taking advantage of some awesome buying opportunities. don't be caught in the headlights folks, you'll be kicking yourselves in the ass later. JMHO, she |