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Strategies & Market Trends : Take the Money and Run -- Ignore unavailable to you. Want to Upgrade?

To: Nancy who wrote (3400)	6/15/2002 1:46:57 AM
From: Jorj X Mckie	Read Replies (1) \| Respond to of 17639

When I say "fall through the floor", I am talking about a capitulation selloff. I know that a lot of people believe that we can do individual stock capitulations, but I disagree. The idea of individual stock capitulations is not new and at one time, I did believe it could happen too. Now, I believe that a meaningful bottom will be marked by a selling climax and that going long for a significant period of time before this selling climax occurs will be a mistake. Doesn't mean that a tradeable rally won't occur, just that the rally will be dangerous.