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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 (15429)8/16/2002 11:06:29 PM
From: bramble88  Read Replies (1) | Respond to of 17639
 
Re: V-bottom

I think that the likelihood of a V-bottom is somewhat related to how overdone the drop was with respect to fundamentals. I am not confident enough in my understanding of fundamentals to judge, but it seems that we are not at that point yet. Of course, if it keeps dropping, at some point (October? later?) prices may be so obviously exaggerated on the down side that once a bounce starts it will just keep going and we'll end up w/a V-bottom..