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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: pater tenebrarum who wrote (80509)3/14/2001 6:18:44 PM
From: UnBelievable  Read Replies (1) of 436258
 
I Tend To Always Be A Bit Bearish <gg>

But going through the charts is does not look like we closed at an inflection point.

I know options expiration is Friday and we are quite below max pain (I believe index options expire tomorrow night).

It certainly would be possible to get to a point that could hold as an interim bottom tomorrow. We have seen the NAZ and INDU put in some very long sticks. But the problems I see are that SPX does not seem to have played out this leg down and almost all the market leaders are a mess.

Having said this we probably gap up and don't look back tomorrow. <gg>
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