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


To: Stockdoctor who wrote (7639)2/6/2003 11:29:24 AM
From: macavity  Respond to of 10157
 
down to 780 real fast and bounce from there

I am not going to be finessing any bounce at thae level.

My view is that there is no support, no buying, but The Market presently cannot, does not want to, go down. It really does feel as if is being supported/propped up.

Steady rallies and steeper declines are usually characteristics of bull trends or supported bear declines.

This is an odd market. It feels like a collapse is just around the corner - no buyers around, just shorts covering and intraday traders for now.

-macavity