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

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To: Chris who wrote (26702)8/3/2000 10:45:10 AM
From: Electric  Read Replies (3) of 42787
 
Chris,

Dow just went positive. My gut feel about 30 min ago was that there will be a cyclical move into the Dow and that it has a chance for a BIG move today, I am talking 100 points. I do want to mention that isnt tomorrow the big employment number? I hope I am right about that, but my gut feel says that we have to get in another rally before we eventually wash out and tomorrow may be the catalyst for the rally. I dont think we dump at the end of the day, especially if the Dow moves higher as I think it can.

This morning I had zero positive stocks, now I have about 15% positive.. I am worried that CSCO is positive. I think that the big move down might start the day after they report earnings, next Tuesday.
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