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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: UnBelievable who wrote (94881)4/16/2001 8:40:52 PM
From: AllansAlias  Read Replies (1) of 436258
 
I think that's getting ahead of ourselves at this point, slightly.

As mentioned to you this weekend, I am on the lookout for scenarios that would catch the chart-huggers napping (they do not expect new lows on this down swing) and teach the lathered ones yet another bear market lesson. Turning straight down would do that here as they are not looking for it, but, it is way too early to see that.

First order of business is the NDX shelf at 1600, but we may gap down over that.
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