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

To: t2 who wrote (3224)	7/9/2002 4:01:41 PM
From: Lone Ranger	Respond to of 30712

t2, Assuming your premise. How bad was the slow bleed, ie what percentage down was the slow bleed from the 29 crash?

To: t2 who wrote (3224)	7/9/2002 4:07:35 PM
From: Lone Ranger	Respond to of 30712

t2, Another interesting thing I notice about our minor 150 point or so dow drops at a time. It seems there is almost always some very last minute buying to keep the averages from closing at the LOD's. Two reasons I can think of. One, dip buying which imho, is suicide sentiment wise, in this mother of all type bears, and/or two, it gives people hope that a bottom has been made and the talking heads can always point to the last minute buying as, pardon the pun Justa, as justification for that point of view.