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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: nspolar who wrote (14496)6/19/2002 2:48:22 AM
From: nspolar  Read Replies (1) | Respond to of 36161
 
A few more tidbits.

Asian Markets:

biz.yahoo.com

<The Nasdaq 100 after-hours indicator (0#ND:), which covers a basket of the Nasdaq's (NasdaqSC:^IXIC - News) largest stocks, dropped 3.4 percent in Asian afternoon trading.>

Based on recent comments I've heard, I'm of the opinion there is some capitulation beginning to take place with JQP. Still mild, but beginning, none the less.

More than one person on the street I know has recently given up and bailed out (of equities). It has to happen sooner or later. Not everyone will continue taking these losses.