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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: Shack who wrote (92985)	3/10/2004 4:27:32 PM
From: The Freep	Read Replies (2) \| Respond to of 209892

Fuddle must be laughing somewhere! I would like to point out that much as this board in general missed the March bottom (though I don't think folks were shorting there) and kept finding ST bearish scenarios, the same pattern has emerged here on a 500 pt. Dow drop and nearly 40 pt S+P rout in a matter of days. Mind you, this could very well be some C down or 4 or something yet... but we're all still looking at bull scenarios. Then again... bully still gets the benefit of the doubt, and the next bounce (which I predict starts tomorrow <g>) will be interesting. A lower low than today, seems to me, is more likely than not after this bounce. But we'll see. the freep