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To: Jeff who wrote (17930)4/3/2001 7:39:51 PM
From: ChrisJP  Respond to of 19297
 
Definitely read your post regarding the S&P 500 retest and the implications it would have on the NASDAQ.

Pretty serious volume today too.

My theory is that by mid-May, the survivor stocks will be near bottom. Of course mid-May is long way off ........

The non-survivors ...... I'm guessing there will be several hundred of them between now and year end. We are just starting to see them. PSIX, WCII, RTHM ....

Chris