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To: CanStocks who wrote (9215)2/7/2002 11:01:23 AM
From: Oeconomicus  Respond to of 11568
 
Me? Like I have a clue. ;-(

Seriously, I'm not good at predicting ST movements, especially when the market seems to be suffering from periodic panic attacks on top of its bipolar disorder and acute paranoia. Perhaps when Adam Arkin finishes with President Bartlett, he can treat the investing public and WS money managers. <g>

That said, one might reasonably expect it to fill the gap, which happens to sit right below the Sept/Oct support levels, before running into a lot of resistance. That'd put a lid at around $12. Whether/when it gets through there probably depends on a stronger economic turn.

JMWAG,
Bob

PS: As Rob noted, there could be a retest rather than a V bottom.