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: long-gone who wrote (57181)	10/19/2000 11:52:57 PM
From: Jorj X Mckie	Read Replies (1) of 63513

Getting closer averages.dowjones.com Bear markets are painful for everyone, including bears. I think that tomorrow will be ugly for the bears, but I believe that we will have one more test of the recent lows before the market rallies significantly. My reason for believing this is that there has not been a true capitulation yet. So as soon as Mr. Market wrings a few more dollars out of the bears, he will go after the bulls again...but ultimately, the bears are going to sell one too many rallies and they are going to get shellacked like the bulls did last april. Max pain on the SPX is 1440. I think that the market will move toward that number tomorrow.

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