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

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To: bobby beara who wrote (33719)10/20/2000 9:30:45 AM
From: PMG  Read Replies (1) of 42787
 
I think the only reason why everybody is so puzzled about this "change of trend" to the upside again is: there is none! Nothing has changed, after all some companies just met expectations. There were no REAL upside surprises anyway. You've got too see the background that any of the compaies that reported now have for sure maximized the upside. E. g. AOL put a false 14c in the headline to make it look better.

If it is true that market tries too fool maximum number of traders, it is achieved now. Everyone is just following market right now. So who has been leading what has happened the last two days???

I'm looking for a >10% drop on monday. I keep my long puts till NDX breaks 3500 to the upside and DJIA 10500 (double closing basis).

PMG
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