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Strategies & Market Trends : Take the Money and Run

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To: Jorj X Mckie who wrote (6924)	7/1/2002 5:53:17 PM
From: Libbyt	Read Replies (2) of 17639

before some form of capitulation. Don't headlines such as these show signs of capitulation? IMO those investors who needed to sell have already sold...and maybe capitulation is being shown by a buyers not willing to buy...yet. Monday July 1, 4:51 pm Eastern Time Reuters Business Report Stocks Tumble; Nasdaq at Five-Year Low By Chelsea Emery NEW YORK (Reuters) - Wall Street began the third quarter on a dour note on Monday, with the Nasdaq composite index dropping to a five-year low as the multibillion-dollar accounting scandal surrounding former high-flying phone company WorldCom Inc. (NasdaqNM:WCOME - News biz.yahoo.com

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