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To: mishedlo who wrote (8343)1/2/2001 6:15:52 PM
From: Boplicity  Read Replies (2) | Respond to of 13572
 
End of Last week was the time, heck anytime has been the time. <g> I wasn't expecting the magnitude of selling we had today at all. I though it would be flattish with a downward bias. With all the selling we had, one has to wonder about when it will be over with. To don my TA hat, without looking at charts mind you, I would say we tested today, with an overshoot in the AM tomorrow, with a recovery in PM. But you see, we are not going to get a last year spring like recovery, since at that time the promise was still intact, now the promise is diminished, with the great unknown not how well a company will perform, but how poor it will do. Not a very good back drop for equities. I'm still in the camp of a better last half for 2001 and wondering when the market will be looking past what the market is dwelling on now as it bases out.

Greg