Cents and Sensibility - Kimberly and Friends' Consortium Message Board

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

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To: Autumn Henry who wrote (90725)	3/30/2000 2:30:00 PM
From: stan s.	of 108040

Hi Autumn, then he's basically predicting a 20% correction. Seems excessive. To me this is a very similar correction to the double tp test and failure of Jan 3rd and Jan 24th. We then dipped to retest the lows on Jan 31st and made an intraday rebound of 200 points after that test. Am I sure that's going to happen today? Nope! By the way we've just retested last week's lows, 4460 or so!! Just drawing the correlation and indicating it as a possible scenario. A very positive one if it occurs. The jobs been down to the downside....now let's see if we get the upside. As far as gaps. I pointed out in a recent post that while once very diligent about filling gaps, the Naz no longer seems to bother. If it does we're in trouble. Seems I recall one around 2800.

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