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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (43317)	6/26/2002 1:20:41 PM
From: byhiselo	Read Replies (3) of 209892

plausible, for the contra inclined, even Cramer is expecting more down: ----------------------------------------------- Hoping There's Worse Yet to Come By James J. Cramer 06/26/2002 11:46 AM EDT How tempting it is to believe we have seen the worst. But that's the problem, isn't it? This selloff, this little itty-bitty selloff, does nothing. It's as if we were still in that "I don't want it to go down so I will buy it" mode. Let it come in already! I think traders have to be selling this market, selling it hard. Investors, you can lighten up into this one, small, to get ready to buy a bigger decline. Because we have accomplished nothing. Nothing. It is very disappointing. To both the bulls and the bears. Not enough capitulation and not enough decline to change anything. And doesn't that seem to be the story of this market's life?!?

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