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

To: Doo who wrote (12237)	1/9/1999 5:16:00 AM
From: Patrick Slevin	Read Replies (1) \| Respond to of 44573

Well, Wednesday might be an example of a mini "upcrash" for example. A day when shorts are getting busted out of their positions and it just spirals up. I was in Seattle at the time, but the day (October 15th?) that Greenspan made a surprise announcement cutting rates I vaguely recall that the market shot out of a cannon. That could be considered an "upcrash". In essence, when the market sells off hard people call it a crash. Some people call extreme positive moves an "upcrash".