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Strategies & Market Trends : Steve's Channelling Thread
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To: Zeev Hed who wrote (24592)8/18/2001 6:40:22 AM
From: Justa Werkenstiff  Read Replies (1) of 30051
 
Zeev: Excellent post. I agree. Looking back to March, this we had a bounce before the Fed. meeting. And then we had the bottom in the S&P 500 and Dow thereafter. This is the higher probability scenario.

If too many people got short on Friday looking for the Monday panic, they could have created their own own enemy in themselves. Could the sellers Friday been the shorts themselves more or less? This is a problem for the shorts.
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