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Strategies & Market Trends : Love shack

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To: D. Miller who wrote (190)12/15/2000 10:15:18 PM
From: Grandk  Read Replies (1) of 322
 
Im not talking THE capitulation, but the second real "I give up" day. I think this market has a LONG way to go before a bottom. However, there will be a day soon when J6P (joe six pack) just throws in the towel. The DOW and S&P and NAZ together usually triggers this capitulation. Something similar to May where we bottomed and then had an extended rally. Some good money to be made on the long side when this occurs. A retest of 3k on the Naz would seem likely.
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