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To: NucTrader who wrote (25096)10/5/2000 8:31:25 PM
From: robnhood  Respond to of 436258
 
Maybe you're right, but a few on here see total capitulation right now, me included. How could anyone be surprised at NEM warning?

Nonetheless, something making an all time new low usually continues.. <nfg>



To: NucTrader who wrote (25096)10/5/2000 8:35:15 PM
From: pater tenebrarum  Respond to of 436258
 
could be...it has become a very emotional market...today we had bid/ask spreads widen to unusual levels at times...a sign of the vultures circling and bids being pulled to force panicky sellers into liquidation at the lowest possible prices. impossible to say at what level precisely they will be exhausted. some say it wasn't yet panicky enough...if you have waited until now it's probably best to buy some clear sign of a turn-around, i.e. a key reversal bar.