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To: pater tenebrarum who wrote (79403)3/12/2001 9:52:10 PM
From: westpacific  Read Replies (1) | Respond to of 436258
 
Look at a 6 to 1 ratio Decliners to Advancers - today we had 4/1.

Look for VIX to spike 36 to 38.

These are more critical - volume important and also strong stocks being discounted.

But forget playing a bottom. For now sit and sit some more - this is a freight train and it will show no mercy as it runs you over and spits you out on the track.

A smart trader is happy to catch a portion of the move - a dump trader picks bottoms.

West



To: pater tenebrarum who wrote (79403)3/12/2001 10:00:17 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 436258
 
Hainz, this slide was quite different and we are in uncharted territory. I anticipate a sharp reflex rally and there is the FED issue what if they lower 0.75 for example??

Haim


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