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To: moufassa7 who wrote (47798)2/22/2001 10:16:22 AM
From: moufassa7  Read Replies (2) | Respond to of 57584
 
Now that NAZ has broken 2250 January low, it's important to watch reaction. If this is a bottom we will rally forming a reaction low slightly below 2250. This would be caused by bargain hunters anxious to own cheap stocks. If we fail to rally, then that opens up a new down cycle which could be nasty. As I said in my post on tuesday, we should know by the end of today. IMO