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Non-Tech : Raptor's Den -- Ignore unavailable to you. Want to Upgrade?

To: Paul Shread who wrote (4265)	10/7/2002 5:58:10 PM
From: velociraptor_	Read Replies (1) \| Respond to of 10157

I would say most likely right around here. Potential dates for an end are the turn dates that I have, of which the next one is Oct 10th. The rest of them are reserved for subs as they are listed for them. Bottom line though is that momentum is decelerating, positive divergences are starting to build, and we are now oversold in all time frames going all the way to the monthly charts. In addition, volume has been decreasing on this last segment of the decline. Our volume spike came on the July low and this retest is on lower volume. Maybe we still get a whoosh down to 6500 or so on the DOW, but I'm turning into a very cautious bear and not sure if I want to be heavy short from here. If we do get a whoosh, it will be quick and will definitely mark the tail of this decline..