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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: pater tenebrarum who wrote (71179)2/23/2001 5:03:42 PM
From: Michael Watkins  Read Replies (1) of 436258
 
Hi Heinz,

I think it is likely that the move up probably will carry on for a bit, but my expectations of a longer term bottom are low.

ottographs.com

The most diabolical scenario I can think of is rally of SPX and NDX into the ranges up above, dance around there, draw more buyers in, and then a puke.

That would be a more interesting outcome than a puke straight away on Monday.

But all options are still in play. The daily charts are still in clear downswings, until Thursday's high is out, they remain so.

ottographs.com

ottographs.com

Mike
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