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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (32047)8/1/2002 12:10:39 PM
From: TATRADER  Read Replies (1) | Respond to of 59879
 
Looks like we had a solid retest of 300 POG and held above it...so far so good...I don't think the Plunge Protection team will intervene again until the next retest of 7500 area...then we will once again see them do their preservation work of buying and giving us that false sense of security that all is well with corporate debt, graft, and the U.S. dollar, with the 400-500 upmove in a matter of hours....

P.S. maybe they will lure a few more mutual funds into the pot who are hungry to catch a bottom...