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Politics : Idea Of The Day

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To: JDinBaltimore who wrote (35997)12/20/2000 2:28:45 PM
From: James Strauss   of 50167
 
JD:

845 New Lows on Nasdaq vs 45 New Highs... We don't get bottoms with this kind of a lopsided relationship... A couple of days of New Lows over 1000 should wash out the sellers... We are also seeing cascading margin selling... Each series of margin calls forces more sales at lower prices... Eventually we get a reversal of New Lows vs New highs... Until then... Duck!!! : >

Jim
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