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

To: Junkyardawg who wrote (62095)12/20/2000 9:49:45 AM
From: The Phoenix  Read Replies (3) | Respond to of 63513
 
Junky,

Everytime I hear someone say capitulation I have to laugh... (sorry - it's not directed at you personally). Bottom line, we've been though a long sell-off and I don't see any signficant buying coming back into this market for a while. There is still no stability. What's going to change sentiment... after all... that's what's driving this market - just as it drove it up.

Of course Jorj will come in and suggest that the tick didn't get low enough... never does... I find that humorous.

OG



To: Junkyardawg who wrote (62095)12/20/2000 10:42:50 AM
From: AugustWest  Read Replies (1) | Respond to of 63513
 
No,
I don't think we capitulated yet today. Rich may have been correct in um correcting me.

Look at the comp. We're still going sideways. Tells me there are still buyers out there this morning. Sure, some might be short covering, but I think it's more people trying to catch falling knives still.

Anyone know how the volume is doing?


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