Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: DaveMG who wrote (199695)	10/23/2002 4:57:08 PM
From: patron_anejo_por_favor	Read Replies (2) of 436258

I wouldn't rule that scenario out, by any means... markets hold above 50 day averages, so MOMO buy the dips continues.. Technicians then target Aug highs and 200 day mov avgs, ie 9350 on the DOW,SPX at 1000, NAS 1500. A move like that would sucker almost everybody. Once the Aug highs are surpassed remaining shorts and wannabe bulls will pull out the stops and buy, buy, buy.. After that, air pocket time and we get to play the same game all over again..

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