Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: longdong_63 who wrote (19819)	10/4/2002 12:25:53 PM
From: nspolar	Read Replies (1) of 36161

Yea, really dicey here imo. My charting and gut tells me if the Naz and the Sox don't hold about right here, another decent leg down is on the way. And if they do hold a decent rally is on the way. This 5th down in the Naz has been so long and brutal, mere statistics point to an end here soon. But after being burned once I ain't betting the farm. Maybe I'm reading what I want to read, but seems like bad news isn't haven't the effect it recently did, and a lot of the last hold outs are finally getting hammered. Positives imho and would usually preclude a bottom.

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