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To: Petrol who wrote (152536)2/20/2002 9:34:56 PM
From: LLCF  Respond to of 436258
 
LOL, yea, and you wonder why... S&P's were down 20 yesterday and up 14 today... not a bad 2 day drop!

DAK



To: Petrol who wrote (152536)2/20/2002 11:03:58 PM
From: At_The_Ask  Respond to of 436258
 
LOL Good. Thats perfect when they start bashing. I don't expect much percentage to the upside but we may be flat till near or after the first of the month. All FWIW.



To: Petrol who wrote (152536)2/21/2002 4:25:29 AM
From: sun-tzu  Respond to of 436258
 
petrol, the market may pull back tomorrow. it may go down for the rest of the week, but do NOT underestimate the significance of yesterday's move. it was done on strong volume, with NO news, in the face of deteriorating fundamentals.

many charts, as well as the indices, exhibited strong one day reversal patterns. in english literature, the term foreshadowing is commonplace. yesterday's move was a clear, glimpse of what is to be expected over the next few months.

it makes no difference if it was short covering, it happened and that is all that matters. this market is not going into the sh*tter at this point.

no way. not now.