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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (19295)	9/19/2001 10:49:48 AM
From: dennis michael patterson	Read Replies (3) \| Respond to of 52237

>>we could see accerlerated/crash-type selling.<< I hope we see it soon. This dribbling is boring, and unprofitable. I am too afraid to short, I admit it.

To: JRI who wrote (19295)	9/19/2001 10:49:57 AM
From: Paul Shread	Respond to of 52237

My understanding is that counterparties to some derivative trades have disappeared entirely, and the issue will likely end up in court. Apparently some of these contracts aren't worth the paper they're written on when put under a legal microscope. Some genuinely ugly losses in the futures market too - could easily snowball between now and Friday.

To: JRI who wrote (19295)	9/19/2001 11:37:38 AM
From: stomper	Read Replies (1) \| Respond to of 52237

I think heinz had the best observation yesterday: that there is a black hole (if not several) out there somewhere sucking up all this liquidity to save its'/their hide. -dave

To: JRI who wrote (19295)	9/19/2001 2:52:57 PM
From: donald sew	Read Replies (1) \| Respond to of 52237

Jri, Since my short-term technicals are now useless, I have to use other stuff, one of which is simple horizontal supports. Guessing, I'm suspecting that we could get a bounce somewhere close to the OCT LOWS of 1998 for the NAZ/NDX/SPX, within a buffer of about 50 points. As for the DOW, the OCT 98 LOWs is still about 1000+ points lower, so I think there will be a some sort of a bounce before the DOW gets that low. OCT 1998 LOWS: NAZ - 1357 NDX - 1064 SPX - 923 DOW - 7469 Refining it some forthe NDX, I have HORIZONTAL SUPPORTS at 1160, 1118, 1064. The NDX is already at 1149, so it already broke the support at 1160 slightly.