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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: JDinBaltimore who wrote (35597)12/5/2000 6:29:10 AM
From: IQBAL LATIF  Read Replies (1) | Respond to of 50167
 
<<, Have to see 17-1800 Compx before 4000.>>
<<I see it as the classic "BULL TRAP"!>>

A higher opening to trap the bears for me would be a classic 'bear trap'.. a 'bull trap' would be a plus four hundered point move, when it comes I don't know..wishful thinking may be ..ggg



To: JDinBaltimore who wrote (35597)12/5/2000 7:59:04 AM
From: Peace  Read Replies (2) | Respond to of 50167
 
John,

Things always look ugly near bottoms just like they look too rosy near tops but the market moves well ahead of fundamentals. Sure we could retest the bottom and even go a bit lower but I disagree that we see 1800 before 4000 on the Comp.

Peace