Ask DrBob Message Board - Msg: 17440207

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Strategies & Market Trends : Ask DrBob

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To: stan_hughes who wrote (59077)	5/8/2002 11:23:18 AM
From: Louis V. Lambrecht	Read Replies (3) of 100058

stan - with a market up >+7% within 2 hours? Looks more like a shorts squeeze to me than a legit rebound. Spoo MaxPain @1100. Was expecting that level next week. Dunno, I would take 1100 for the upper limit of a sideways trading till end of next week. 1065 lower boundary? Then spell the spoo from right to left. <g>

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