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Strategies & Market Trends : Take the Money and Run

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To: Oral Roberts who wrote (1610)6/3/2002 4:07:01 PM
From: MulhollandDrive  Read Replies (2) of 17639
 
i believe conventional wisdom is that sept. lows will be hit...

but i also believe that sept lows will be pierced...i expect a rebound off of sept. lows, but as distribution continues after that event, there will be a retest and i think it will fail, sept low's support will become the next resistance level.

still way too many "hopeful" bulls out there.
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