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Strategies & Market Trends : Classic TA Workplace

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To: marginmike who wrote (12253)9/6/2001 2:08:10 PM
From: KyrosL  Read Replies (1) of 209892
 
>>crash will be up

Where will the money come from to power a crash up? There is steady, though moderate, liquidation of stock mutual funds. Insiders are still selling. Foreigners have probably stopped buying, if not selling yet. There is a steam of convertibles coming to market. Short covering is the only ready source that I can see. Is it enough for a crash up?
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