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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?

To: coug who wrote (2618)	8/26/1998 9:12:00 PM
From: SE	Read Replies (1) \| Respond to of 44573

Seems to me that everyone is so bearish cause almost all stocks are down 40% or better....except those that make up the indices which are now catching up. Sure it is that easy...everyone who is bearish are the "people" in the know. I wonder, what makes this market tick today? Fund managers and investment gurus, or is it the little guy that gets their 401(k) statement once a quarter and doesn't even begin to comprehend what is happening until 3 to 6 months into it? That is not a rhetorical question, it is legit. What we need is a real solid heavy volume capitulation day....otherwise it will be up a bit and down a lot, up a bit and down a lot.... If tomorrow is the heavy down day, the open will not be all there is...however, if we open up only down 10 points on the SPOO or so, then there is a good chance for a nice solid bounce, yet again. Heck, I don't know what I am talking about. Merlot sounds good about now....hmm, since I am from the Midwest and went to college in Milwaukee, I think I shall follow it with a beer chaser. Hope that doesn't offend anyone.... GO PACK GO! (Is it time yet?) -Scott