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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (38083)5/6/2002 11:32:04 PM
From: JRI  Read Replies (1) of 209892
 
As a follow-up to my previous post, I can tell you the threads are about as bearish as I've seen in a long time..some posters noting similarities to post 9/11 drop...everyone talking last Sept. lows, etc....

I think a hard down morn (breaking S&P support cleanly) will bring some fear, and the "necessities" for a one-day, two-day bounce, followed by something grander next week (after further weakness end of this week)

Of course, this is wiggles, and in the grander scheme, as you so eloquently reminded me, it don't mean shit-g We ARE going below the lows...and likely much, much lower..

But tomorrow, wanna make some meal money...I'll wait for a good fear tick before I become the javelin catcher..
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