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To: patron_anejo_por_favor who wrote (288058)5/24/2004 11:06:30 PM
From: da_cheif™  Respond to of 436258
 
is this enuff padding...snort

Category: General Interest
From: velociraptor (Christian Kis)
To: circular (Perry Leopold)
Date Posted: May 24, 2004 at 13:51:21
Subject: Re: Cascading?
Reference: Re: Cascading?

FWIW, based on my stuff, I don't think the bulls have much going on for them here. Bears ought to get another down move first and then we'll see what kind of technicals I get as the bulls will have a chance after that to possibly rally things under the right conditions. But even then, IMO, the highs for the year are likely in. The main question for the rest of the year will be how far the bears can take it down. Worst case scenario for everyone is we stay in a messy range around several 'tollgates'...1127, 1092 and maybe one more a bit lower around 1050. That will frustrate the heck out of everyone.