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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (44897)	1/8/2001 12:57:09 PM
From: American Spirit	Read Replies (3) \| Respond to of 57584

Rande, you may be right about a burst tomorrow PM. Psychologically this feels about right. This is the second day of maximum despair in the air. Soon all sellers will be through and shorts may realized they're in a very precarious position (shorting at or near the bottom). This combined with any half-decent news (excuse to rally) could put us back 200 points up on the Naz. And this kind of thing could repeat itself a few times in January as bargain hunters battle the fear+loathing of short scare tactics. The YHOO threads are filed with shorts slinging scary scenarios and "the sky is falling!". Does this signal a bottom? I believe so, or damn close.