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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?


To: westpacific who wrote (26611)9/8/2001 6:09:54 PM
From: Alex MG  Respond to of 30051
 
I agree, this is not the time to be heavily weighted either way. But I have begun to stick my toe in the water here on a couple small-cap longs. A simple test of the April lows and a rally from there seems too easy a scenario. Maybe a headfake rally from there then we reverse and slice through those April lows and create some real fear and panic, a more healthy bottom scenario... but still probably not "the bottom".