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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (10950)8/15/2001 11:26:35 AM
From: keithcray  Read Replies (2) | Respond to of 208838
 
MERQ might break $32.



To: 2MAR$ who wrote (10950)8/15/2001 11:38:45 AM
From: DebtBomb  Respond to of 208838
 
Since every bounce gets sold into, buyers probably going to just walk away soon, maybe that will give us the capitulation stage.
Rate cut number 7 and improving liquidity should give us another bounce though over the next few weeks, IMO.
Lucky number 7, hee hee.
I think capitulation is likely in the Sept/Oct time frame.
Just my opinion, reality has to set in at some point.