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Pastimes : Trading the markets.....

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To: irlon who wrote (759)11/14/2000 7:49:39 AM
From: GROUND ZERO™  Read Replies (1) of 4583
 
I think we may have seen a low of sorts yesterday... the reason for that late sell off I think was due to nervous long day traders closing out their long positions... I think we'll see the exact same thing today, but only in reverse.... I think these markets will attempt a few rallies, each time the rally will fail, but at the end of the day the day trading shorts will cover their positions and we'll close with a solid gain.....IMHO we'll see in time.....<g> just a guess, but that's my two cents.....

GZ
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