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To: Shack who wrote (81936)3/17/2001 1:15:47 PM
From: JRI  Read Replies (1) | Respond to of 436258
 
Do you show 7 down weeks in a row on COMPX and 6 on NDX? I would think that is a record for Naz, no?

Since start of Sept., the longest previous period was 6 weeks in a row down for Naz (Sept-Oct, I believe)...

Makes me think we are going to see some sort of (intermediate-term) capitulation bottom or decent rally or bottom very, very soon......I am thinking that, surely, folks gotta panic in here soon......the drips of bloods have turned from paper cuts to the Monthy Python kind.....and yet, "fight on" is still the cry.....2o years of buy-and-hold Peter Lynch crap is not so easily extracted, I guess...

I think this past week's big black headlines are going to contribute to a crack in the armor, and "get me out now" post-Fed meeting.....all IMO, of coursee