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Strategies & Market Trends : Bullish Percent and VXN type indicators

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To: CF Rebel who wrote (107)7/14/2002 11:41:32 PM
From: lifeisgood  Read Replies (1) of 119
 
Well, I can't argue with your overall conclusion as I too think the market has a long way to go (down). However, I don't anticipate a crash scenario like you do. I think we'll continue the slow, but steady, drip, drip, drip with occasional one-day or intraday spikes that will get everyone yelling "bottom" only to once again see the selling resume and the buy-the-dippers continue to take it on the chin. They will capitulate but it will take them a while IMO.

best...

LIG
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