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


To: Lizzie Tudor who wrote (9647)7/19/2002 4:08:57 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 17639
 
i'm watching it for the next few weeks...

i never expect to buy "the" low...

"I'd love to get this capitulation over with though, whatever it takes even 94 levels."
L

this market needs an enema.

:)



To: Lizzie Tudor who wrote (9647)7/19/2002 4:21:26 PM
From: Jorj X Mckie  Respond to of 17639
 
look for another volume spike to about 40m shares, I think that will be the bottom for SEBL. I am impressed that they held up today.



To: Lizzie Tudor who wrote (9647)7/19/2002 4:24:18 PM
From: Jorj X Mckie  Read Replies (1) | Respond to of 17639
 
LT,
I don't think we get to the 95 levels on this run. I think we drop to 1100-1200 on this run, then get a rally and then make an attempt at the 96 lows. Unfortunately, I don't think that the secular bear will be over for another 12 to 18 months. But there should be some tradeable rallies along the way.

Then again, Pondscum could be right about us being on the path to recovery. I just don't see it.