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Strategies & Market Trends : Ask Vendit Off-Topic Questions

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To: Vendit™ who wrote (955)	8/5/2001 4:41:51 PM
From: DOUG H	Read Replies (1) of 8752

Hi Reid, Notwithstanding the late day move on Friday, I'd still expect the near term daily trend to be down. Thursday's action was tape painting/ bagholder recruitment at it's finest. IMO and a prelude to Friday's selling, in fact I wanted to make some exits on Friday and did not have the opp till late in the day. (burned up a good day). I have a couple of issues I may jettison on Manday, particulary if we get some strenght in the AM. You're right about the support at 2050 but I'd expect that to be breached soon. askresearch.com This is the one I'll be keying off of although, now that a pattern has been established, it's about time for Mr. Market to throw his usual curveball. It was always one of Nolan Ryan's best strikeout pitches. askresearch.com

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