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Strategies & Market Trends : NetCurrents NTCS

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To: Teresa Lo who wrote (5525)2/11/2001 11:47:13 AM
From: JRI  Read Replies (1) of 8925
 
Teresa- What do see as the possibility of a bounce here (Monday- Tuesday/Wednesday) after (my) projected down open Monday..If you do expect a bounce, what support levels are you looking at?

I submit we've come down pretty far, pretty fast, and an oversold rally in order....Greenie Tuesday speech makes a convenient benchmark...

Of course, I still see us in the down-trend, and don't expect any upmove to break out of that...just to let out a little worry, suck in a few bulls, before the next harsh downleg...

Enjoy your analysis...thanks for the hard work...vc
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