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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?

To: Junkyardawg who wrote (55592)	10/9/2000 2:37:17 PM
From: The Phoenix	Read Replies (3) \| Respond to of 63513

I think you may be right although volume is low and many folks aren't trading today... however if we move beyond 3400 today and finish up going away we may get more buying tomorrow. If you talk to Gizmo or Jorj however they will suggest that we haven't had capitulation and so this intraday low means nothing. I on the other hand believe less and less each day in capitulation since retail investors are more likely than ever to "buy the dip" quicker and quicker.... WE shall see.... if we go to 3400 and see sustained buying tomorrow then we'll be off to the races. I don't see any selling later this week. Earnings season here - warnings season is over.