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To: Lucretius who wrote (17348)3/14/2000 7:43:00 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 42523
 
well, that's not too far away....one bad day should do it. like i said, there's been some buying on the NYSE, you can see that on the TRIN and a/d volume stats. i think this has been done in anticipation of the lows of last October holding and some rotation from high tech into value occurring. however, it also means that if this line of defense should fall, a massive amount of supply will be overhanging the market. in essence this is about the question whether the dip buying that has always worked will continue to work. if it fails to work, we'll see some real fireworks. btw, i don't think that the 9250 area will really provide much support. IF we fall to that level, i predict that no-one will bother with supports...