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Strategies & Market Trends : Classic TA Workplace

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To: ajtj99 who wrote (27776)	1/13/2002 12:21:34 PM
From: AllansAlias	Read Replies (2) of 209892

Good points. A number of people I respect are seeing continued decline from here and then the squeeze. I call this the "3rd path", since mostly I see either a big squeeze or an ugly collapse. I've gone on crash watch 3 times in this market. It doesn't mean we crash, only that the window is open. This squeeze setup is the same sort of thing -- doesn't mean it will happen, but the window is open if we turn Monday from levels close to Friday's close. No immediate turn, no longs.

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