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

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To: Lee Lichterman III who wrote (27795)8/16/2000 10:31:52 PM
From: AllansAlias  Read Replies (2) of 42787
 
Careful about that nascent bullish bias you feel forming in the TA part of your brain. -g

I see it too and many charts are a couple of points from taking out serious resistance, but this is a head-fake, albeit probably quite tradable.

We can not go much higher with sentiment as it is and a falling dollar.

I do not know when it will happen, but we must hit a wall somewhere on the credit expansion. The inverted yield curve that has lasted as long as this one is trying to tell us something as well. That commercial position on the spoos is also scary. No way that is just to cover long positions -- it's just too large.

If the DOW prints da cheif's target I will start a thread devoted to my own stupidity and his clairvoyance. -g

In the end I do nat care. I want to be on the right side of the trade much more than I want to be right.
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