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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 (9985)7/22/2002 4:27:05 PM
From: faqsnlojiks   Read Replies (1) | Respond to of 17639
 
It is clear that 300 pts isn't going to do it for capitulation. I think we need 500-600 pts or more.

I was just telling one of my colleagues this, and his response was, "yeah right, how likely is that!?!".

I see this as a sure sign that we have a ways to go.



To: Jorj X Mckie who wrote (9985)7/22/2002 4:55:33 PM
From: Lazarus_Long  Read Replies (1) | Respond to of 17639
 
I just noticed something looking at that chart: trading volume really hasn't dropped during this bear market. At least not yet. It surely should after capitulation, so yeah, we've got a ways to go.


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