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Pastimes : Home on the range where the buffalo roam -- Ignore unavailable to you. Want to Upgrade?

To: hivemind who wrote (3280)	8/2/2000 4:27:30 PM
From: Boplicity	Read Replies (1) \| Respond to of 13572

You are welcome. Today was typical bear market action, up in the morning only to close weak. A weak close is something to look for when an investors is wondering if they seeing a bear market. The thinking goes like this, they buy in the morning, (better get in before others do because the perceive the stocks to be cheap since they have sold off, only to see sellers (sellers that are fence setting waiting for a better price or are still in denial(the still in denial crowd can also be buyers)) that are still un-easy sell, that is called selling pressure. Until the selling pressure is used up the market will continue down. Greg