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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?


To: Jeff who wrote (944)5/24/2002 1:47:47 PM
From: 4rthofjuly007  Read Replies (1) | Respond to of 30712
 
>>i don't think "they" have enough bagholders yet....<<

I agree 100%. One of the reasons that I am long here. I think that it will take a major move to get the public enthusiastic about the market again. A breach of 2000 at least. Then alot of people will start the panic buying, shorts will be hesitant to go short and we can start the final leg down to comp 800. Maybe it could take until well into 2004.

How's that for crazy?<g>

Nonetheless, I will stop out if we breach around 1075 S&P.