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Strategies & Market Trends : Paint The Table -- Ignore unavailable to you. Want to Upgrade?

To: jcky who wrote (18413)	3/8/2002 2:48:37 PM
From: Jorj X Mckie	Read Replies (3) \| Respond to of 23786

I am conflicted. After a rally like this, I would expect a capitulation type top. We have not had that yet. But, I also would have expected a capitulation bottom for the selloff from January to February. We did not get one there. I would also expect a pullback through options expiration, but then again, so is everyone else. I think that it is very dangerous to be short at this particular moment in time because of the liklihood of a blow off top, but I also think that blowoff top will suck in a lot of bulls who get hurt pretty badly on the resulting drop.