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To: Perspective who wrote (10151)8/16/2001 11:15:36 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
ASCII art -- a jello activity:
Message 16219079



To: Perspective who wrote (10151)8/16/2001 12:17:19 PM
From: JRI  Respond to of 209892
 
Sorry BC, been VERY distracted last couple days....I've looked for set-ups in morn, but then get bogged down here (home activities) as morning goes on..

I need to review thread posts since morn, but my 1st instinct is to think 1865-1870 holds this aft....despite your (correct) posting that crashes often/usually occur in oversold conditions, they are still a low-prob event, and I think I'd rather think about a bounce to play....

As I mentioned to AA, there is money to be made here by screwing POOT holders, so that, combined with Fed meeting (and the Wall Street hype machine working overtime), makes me think we low in here today (latest tomorrow morn), and bounce into Fed.....which, in my mind, would be a perfect set-up for more down..

Like I said, I need to check thread here...trying to get all decks cleared here at home (!) for the action post-Fed, which I think will be brutal...