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Strategies & Market Trends : Galapagos Islands -- Ignore unavailable to you. Want to Upgrade?

To: Techplayer who wrote (31725)	3/10/2003 4:53:49 PM
From: bramble88	Read Replies (1) \| Respond to of 57110

Well if the scenario implied here by Jorj for the SPX, plays out, Message 18681510 then 1260 will succumb pretty quickly. Am thinking that it has been a while since we've had real panic selling; maybe it is time.. Also, all of the propping up that the market has benefited from as a result of people preparing for a start-of-war rally, will not hold up for ever. My sense is that buying in anticipation of such an event (which I think is what we have been seeing) is not done by very patient investors, and will reverse when the event takes a while to materialize.