Groundhog Day Message Board

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Strategies & Market Trends : Groundhog Day

QQQ 621.57

-0.3%

Nov 11 4:00 PM EST

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To: John Pitera who wrote (3692)	5/8/2002 12:40:13 AM
From: Jorj X Mckie	Read Replies (2) of 6346

John, I believe that we are going to have a little rally here. I also believe that this is a shortable rally. We have not had a capitulation yet and a downtrend like this doesn't end with a whimper. I believe that the attacks of 9/11 interrupted the bottoming process. We were on our way down, but the attacks drove the stockmarket down too far before the market had enough time for real mending. I believe that the next big selloff is "the" bottom. But I also think that it is going to happen sooner rather than later. COMP daily with notes. stockcharts.com[h,a]daclyyay[d20010307,20020507][pb50!b200][vc60][iub14!la12,26,9][J4282232,Y]&listNum=1

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