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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: bobby beara who wrote (25)	10/22/2000 10:42:31 PM
From: tradermike_1999	Read Replies (1) \| Respond to of 74559

Bobby Beara - I think you are right. Based on the technicals the market has put in a bottom. I wouldn't be surprised if we got some sort of rally going into the end of the year and January. However, I doubt we can break 4200. One problem is unlike 1998 and 1999 there is no injection of liquidity into the financial system by the Fed in the 4th quarter. My worries are about what happens after January.