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Strategies & Market Trends : Classic TA Workplace

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To: AllansAlias who wrote (50963)	8/22/2002 10:21:20 AM
From: JRI	Read Replies (2) of 209892

I dunno..wasn't yesterday pretty climatic in some ways (big round number, easy to see on charts?)..at what coming level (before 1500) would shorts cover "en masse" here? Sure, you'll get covering during day, but panic covering at a particular number? As the previous poster mentioned, isn't this (shorts giving up) sentiment reflected already in the p/cs, VXN which argue the bear case pretty well here?

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