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

To: Jorj X Mckie who wrote (6924)	7/1/2002 5:33:05 PM
From: J.B.C.	Read Replies (1) \| Respond to of 17639

Depends on what you would consider meaningful. Even a couple hundred points could make some nice profits. What I noticed on a lot of individual charts were stocks that 10+ weeks on the negative weekly momentums, theory is they could rally to a midpoint bell curve before resuming their slides. Pull the stops out and hog wild long? Nah, but there could be some safe plays. Or maybe a balanced approach between short and long positions with good stops. Jim

To: Jorj X Mckie who wrote (6924)	7/1/2002 5:53:17 PM
From: Libbyt	Read Replies (2) \| Respond to of 17639

before some form of capitulation. Don't headlines such as these show signs of capitulation? IMO those investors who needed to sell have already sold...and maybe capitulation is being shown by a buyers not willing to buy...yet. Monday July 1, 4:51 pm Eastern Time Reuters Business Report Stocks Tumble; Nasdaq at Five-Year Low By Chelsea Emery NEW YORK (Reuters) - Wall Street began the third quarter on a dour note on Monday, with the Nasdaq composite index dropping to a five-year low as the multibillion-dollar accounting scandal surrounding former high-flying phone company WorldCom Inc. (NasdaqNM:WCOME - News biz.yahoo.com