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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?

To: Susan G who wrote (12538)	2/20/2002 12:43:01 PM
From: rocklobster	Read Replies (2) \| Respond to of 26752

so far this is playing out like a classic 4DML (four day margin liquidation) it should hit the lows between 2:00 and 3:00 when the margin clerks start chopping.... the thing that worries me is that it's unusual in my experience to end a 4DML with a gap up...usually they end with a big gap down...this leads me to think we may have a compounded 4DML....which would mean this is day four of the first liquidation move, and day one of another one.... could get real ugly later this week...day four of the compounded move would be next monday...can anyone say black monday.. I hope this market doesnt wipe out...but it has all the signs that it will rok