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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: JRI who wrote (3162)3/16/2001 10:31:42 AM
From: Jack T. Pearson  Read Replies (1) | Respond to of 52237
 
I wouldn't bet on a turn-around day. If Japan is selling to prop up their banks, this could be the tip of the iceburg. If it's Japanese bank sellers vs US buyers, I don't think it will end until the banks run out of US stocks to sell.



To: JRI who wrote (3162)3/16/2001 10:32:40 AM
From: adcpres  Respond to of 52237
 
<EDIT> JRI: This feels like just like trading during a correction day. I know it sounds strange to say such a thing during a BEAR market but look at the volume. The NAZ may dig a deep hole here and then spring back like a cobra once investors are through throwing up their stocks. GH

PS Not enough panic anymore -- disregard my comments.
Darn! What a disappointment!