Ask DrBob Message Board - Msg: 17458538

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Strategies & Market Trends : Ask DrBob

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To: stan_hughes who wrote (59455)	5/12/2002 11:45:24 PM
From: bcrafty	Read Replies (1) of 100058

stan, "party is indeed over with..." Yes, but . . . depending on your timeframe I don't think it will necessarily be a complete drop from here without any significant rallies. This is significant to many here that are short term traders. While long term bears might be OK, personally if I'm on the wrong side of a 100-200 point move then that would hurt quite a bit. Maybe you've already seen this, but the E-wavers and many others have been somewhat surprised at how prescient the prediction of Tommy Bear has been. Look at how his waves (towards the end of the post) have been unfolding, and look at his scenario for this summer. Something to keep an eye on. Message 17076833

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