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Strategies & Market Trends : Classic TA Workplace

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To: marginmike who wrote (10205)	8/16/2001 2:28:22 PM
From: AllansAlias	Read Replies (4) of 209892

I can't wait for the spin on this, if this move holds here. Every bit of news today was terrible. A nice bounce into options ex and we'll hear no end of "The market is showing that it has absorbed and discounted all the bad news." I don't buy it for a minute and, well, I haven't bought it. -g Having said that, this late day reversal would point to a better day tomorrow. Wouldn't take much now to hold it through the expiry pretty close to all those max-pains.

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