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

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To: Rich1 who wrote (57769)10/27/2000 12:33:16 AM
From: Dana Johnson  Read Replies (3) of 63513
 
Today was wild but I don't think this was the end of the story. I think we need to be flogged until nobody has the guts to buy the dip. People need to be laying in their own capitulate.

Today, when people sensed the momentum shift, they were in with both fists. Tomorrow if the numbers are cold or something "newsworthy" occurs in the mideast (etc) the market will bolt the other way. Right now the market is "metastable", ie not in trend.
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