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To: NOW who wrote (42239)	11/29/2000 10:48:52 PM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

actually, i'm not yet decided. i think not frankly. i believe we WILL see an attempt to buy the dip, but i also think that that is likely to be sold as the day goes on. one has to keep in mind, this is a nervous market...any further bad news shock, and it could go vertical. also, note that almost every steep decline sees a steep 'give-up' drop at the very end...have yet to find historical examples that deviate from this rule. and there is ALWAYS time to leisurely do some buying once a low is in fact put in, as some sort of re-test invariably follows. sharelynx.net sharelynx.net sharelynx.net to name a few...-g- unfortunately the chart doesn't show the real re-tests of 37 (which happened in 38) and the Nikkei (lower low in the 37 case, higher low in the Nikkei case)