Piffer OT - And Other Assorted Nuts Message Board

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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Jorj X Mckie who wrote (26182)	4/4/2000 10:22:00 PM
From: Doppler	Read Replies (2) of 63513

The conspiracy theorist in me agrees, but maybe not for the same reasons. "They" knew when they got things started turning, the masses would follow. They want to ride todays bargain basement prices up a ways, and then drop the hammer. We had enough volume today to probably make it a capitulation day short term, but there still isn't enough negative sentiment and fear for a longer term bottom (in my opinion). People still think you can buy the dips and be OK. Until that changes we are not at a bottom. We also didn't get down to support yet on either the DWA charts, or the 200 dma. I think we will at least test todays lows and probably go lower. Look at the 50 pt chart. FWIW, and JMHO. Plus I started averaging in my 401 K money today, so we can't be at a bottom. Jeff

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