yanks drop- next week for us, page-3

Aus,

I think a majority of the masters here have been calling for a bit of a retrace with the march 6 lows remaining intact. and then up up and away.

I havnt yet seen anything to suggest we are even close to a bottoming process, if anything I believe some of the future news and earnings will absolutly shock the markets into further free fall..

Also we saw nothing of a capitualtion around the last lows - IMO this rally was a combination of short covering and Fed action (both short term catalysts for some upside)..