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Strategies & Market Trends : P&S and STO Death Blow's
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To: Jeff who wrote (9544)10/6/2002 3:31:29 PM
From: ajtj99  Read Replies (2) of 30712
 
Jeff, you mention the final most devastating phase of the bear as being the drop from 1250-700, but I believe the phase that will do the most damage and take people out completely will be the re-test of the ramp we get out of a low in the spring, optimally in the low 700 range.

The ramp out of that will get everyone excited that the bottom is in, and the re-test will take many people down below their lowest levels of the year.
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