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


To: Jeff who wrote (7000)9/12/2002 10:37:21 PM
From: orkrious  Read Replies (2) | Respond to of 30712
 
its going to be a violent up from 700 to 1400.....and roll over back to a higher retest......

It's going to be interesting to see if that part of the retrace really works. My guess is that the bubble pops the same way it ascended, but the similarities end there. We are likely to have a tremendously violent move up, but after that who knows. My guess is that the economic decline will just be beginning, somewhat similarly to at the bottom in '32, but the world will be so different that the market rebound won't play out the same way.

BWDFTIK?



To: Jeff who wrote (7000)9/12/2002 10:43:51 PM
From: augieboo  Read Replies (1) | Respond to of 30712
 
Jeff, I think the really exciting bounce should come off the bottom at 300.