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Strategies & Market Trends : Rande Is . . . HOME
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To: American Spirit who wrote (44939)1/8/2001 7:56:47 PM
From: Softechie  Read Replies (3) of 57584
 
Here's something to think about calling bottom:

That is probably about the hundredth time in the last hundred days where folks have decided we must have hit bottom again. We "tested the level" from the Federal Open Market Committee, buyers came in and I'm sure some shorts were forced to cover. They'll probably try to have a rally tomorrow. But let me repeat this in no uncertain terms: we cannot have a real bottom until we get a serious flush that instills panic and folks stop asking if it's a bottom.

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