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

To: LTK007 who wrote (27839)	9/18/2001 3:07:06 PM
From: ajtj99	Respond to of 30051

No, Max, I'm just saying the technical indicators are all screaming we're close to a short term bottom, that's all. Max, the stock market does not always go up for the right reason, just like it does not always go down for the right reason. Either way, this day is done with, IMO, and I wouldn't be surprised if we close on the lows again. To get a reversal, we need to have a catalyst and volume. Speaking of catalysts, did you notice how everything went up during the press conference this afternoon about the airline biz, and dropped afterwards? Actually, we are in relatively peaceful and wonderful times if you look at what some people are suggesting we do in response to this act of terrorism.