Stock Attack II - A Complete Analysis Message Board

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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: HammerHead who wrote (1423)	2/28/2001 11:52:50 AM
From: JRI	Read Replies (1) of 52237

Man, do I feel like a dope....looks at charts this morn...thought the market was going down, but didn't want to short stocks already with deeply oversold stochastics or close (which is about every tech stock)....and then found AMAT/NVLS....great targets technically... Was all set to go this morn...but then noticed that these stocks rarely move in any big way...it sometimes takes then a month to move 7-8 pts. in some cases......they've been defying gravity for a while.....so, didn't wanna get stuck today in a clear down day.....Duh! Today, both are down around 4 bucks (8-10%) or more...Homer says, "Doooh" At least I had enough sense to still short the QQQs <G>

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