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Non-Tech : Raptor's Den

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To: Prophet who wrote (5402)	11/7/2002 5:32:07 PM
From: mishedlo	Read Replies (1) of 10157

I suppose we can interpret the low volume as a decrease in in buying rather than an increase in selling. IMO you can intrepret it as they have a ton of crap to get rid of and need to let it out slowly. Once it is all gone the final plunge is faster on heavier volume so they can get it back cheaper. Looking for a slow choppy selloff to max pain. I expect a bounce at that point but not sure how big. TRIN and TRINQ was over 1.5 almost all day. TICK was positive almost all day. That tells you there are plenty of buyers, buying the dip. Dipsters have once again been reconditioned. M

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