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

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To: Bid Buster who wrote (285810)4/30/2004 3:23:11 PM
From: Michael Watkins  Read Replies (1) of 436258
 
I think bounce on Monday depends a little on how the NYA and to a lesser degree the DOW(n) behave.

trendvue.com

Three dark crow scenario plays out already on NQ. Its in free fall..

Buy the time I finish typing this now the SPX500 will have made a new low... right about now.

NYA and DOW have to roll over too; if not, best scenario is they do on Monday and take out the March 24 lows by a hair or so. Then I think you'll see a very tradable bounce. After that, who knows.

Worst case, price bounces here or on Monday with no March 24 low test and then toasts the newly minted longs within 1-3 days.

Nicky tell: -16.41 percent at present. No... 16,54... no... 16.56

lol
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