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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Smiling Bob who wrote (32156)8/5/2002 3:53:36 PM
From: Smiling Bob  Read Replies (2) of 59879
 
DROOY allowed a good 30-45 minutes to get out before the fall.
finance.yahoo.com
Got it!
Message 17836952
Underestimated selling pressure in rest of market. The 1100 point DOW rally was too easy to call for a retrace from 8600.
8100 came sooner than expected. Should be a pretty swift return to 7500 now. I don't think the PPT team intervenes unless momentum seems to be growing beyond control, where ever the DOW happens to be at the time. Technically and logically, 7500 area makes sense.
On another library computer, so unable to retrieve too many usable quotes, but guessing golds all down.
If memory is correct, that is a repeat of what occurred the last time we fell below 8k, and preceded intervention
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