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To: Bazmataz who wrote (10197)1/30/1998 12:23:00 PM
From: Lucretius  Respond to of 95453
 
<<<I'm sorry but I couldn't disagree more. This is not consolidation. This is out and out selling. Psychology hasn't changed at all yet regarding these issues, and the selling will continue. These stocks are down 3-5% already today, and I expect it will continue. A sustainable rally has not been had yet, and I don't expect one. Yes, I own, but as you can tell from my previous posts, I am quite skeptical of these one-day surges. >>>>

Don't be so quick to form jgmt. The close is hours away. Intra-day is just noise. We've had a nice run-up this week. A pull back is expected, especially over the weekend. Many of these stocks look like a head and shoulders bottom to me, but we have yet to see a break of the neckline. Next week perhaps?

-Lucretius