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Thursday, August 05, 2004 4:28:07 PM
We closed below the March, May, and July lows. We are also very close to the October 2003 low. I think it's very likely we return to the September, 2003 lows of 1308. The last hour today was the first sign of panic I've seen. I would like to see more panic on higher volume before committing to a relief rally. QQQ 32.60/NDX 1310ish. The p/c ratio is still not at an extreme. Comments?:
Buzz
Buzz
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