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Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures

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To: Chip McVickar who wrote (1465)3/12/2001 10:23:39 AM
From: robert b furman  Read Replies (1) of 12411
 
Hi Chip,

Agreed Spx needs to hold 1160 and Naz needs to capitulate.

Hangover from bubble has made it sick.Sometimes you just need to get it over and puke - then you feel much better.

I think a capitulation bottom of forced margin selling is the only cure.Ironically it is the final shake of "the safe stocks" - Intc Csco Msft that the conservative investors bought to shore up their account that will create the need for margin selling.

Best of trading - I think its going to get fast and furious soon.

Bob
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