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

To: Rich1 who wrote (29257)	10/2/2001 11:00:08 AM
From: Jdaasoc	Read Replies (2) \| Respond to of 30051

What does the cycle guy predict for next few days. Earlier in the year the market rallied strongly pre announcement and sold off sharply afterwards. Recently this effect has been delayed and muted somewhat but I expect some selling post 2:15 PM because you can't keep everyone happy who has their finger on sell button. I am afraid of market has no where to go but retest last weeks lows fairly quickly. How strong do you think the down leg will be. We are sure to get more just plan bad earnings announcements after hours. PS 1040 S&P and 1170 NDX seem to be unbreakabnle upside numbers IMO