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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Cactus Jack who wrote (96345)4/19/2001 2:36:21 PM
From: AllansAlias  Read Replies (1) of 436258
 
The faster they rise, the harder they fall. (Except at genuine bottoms.)

Your question does not have a short answer because I do not expect it just to turn and go down. I expect it to turn down tomorrow or Monday at the latest, and then go down and slosh around some but not make new lows. I think it then starts another weaker up-leg, and then finally, we turn down toward the new lows.

The alternate scenario from my technical perspective is that we have actually put in a bottom that will last months. I do not currently favour this scenario.
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