Trend Setters and Range Riders Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Trend Setters and Range Riders

MSFT 497.36

-1.9%

Nov 6 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: NOW who wrote (17171)	5/12/2002 7:51:49 PM
From: Susan G	Read Replies (1) of 26752

I guess what I was trying to say was a "sign of health", that if the full retest did not occur and the NDX did not fall off the cliff, that it might be a sign of underlying strength. You are correct on the fact that true capitulation would be a healthier place to rally from. More chance of it holding and moving up if everyone pukes at the lows <g> Definitely possible we get a lower low...I'm trying not to be too bearish, so I'm hoping the sept lows hold. As far as support goes, it's all psychological if people feel ready to buy there. That Sept spike down - or anywhere in the area is not what you would call support! I'm sure there will be a few buy programs that hit when we get there, but whether it holds or slices right through will certainly be on of those interesting moments!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next