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To: patron_anejo_por_favor who wrote (7153)7/29/2000 6:35:32 PM
From: advinfo  Read Replies (1) | Respond to of 436258
 
If we are going to make an oversold bounce here, it will be in the face of significant complacency

Yep, and in the face of margin selling too from the
damage done in the latter part of the week.

Agreed, I think the futures will get goosed up, but we'll
sell off in the morning(minimum) to fleece the fear/margin
sellers and fill gaps. Maybe not Monday, but I expect to
see May lows tested and those tiny gaps filled too. More
house cleaning has to occur before we can sustain any
bounce/rally, not to mention(dare I say) further correction
to valuations. There's still a gap in the dung around
2875 and just on valuations alone that area needs to be
tested as well. So, Monday we rocket up 200+ points and
never look back -g-