Stock Attack -- A Complete Analysis Message Board

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

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To: Paul Shread who wrote (35840)	11/17/2000 1:33:03 PM
From: eichler	Read Replies (1) of 42787

Thanks again, Paul Yes, unfortunately, I do agree. On the weekly charts, that 2500 level does appear to be calling. Some months ago, I thought that call was perhaps extreme. Gotta give credit to those who foresaw that eventual possibility earlier this year. Looks alot more likely now. The VIX and PC still indicate complacency as you say. The main question is will it remain the slow-water-torture as we've seen lately, or do we get the huge drops witnessed in the spring? I wonder with so many individual naz stock charts having completely retraced their blow off rallies, if those are portending the eventual look of the $compx chart itself? I will continue to play the chart indicators and signals and play long and short, but I will be hard pressed to hold any longs when indicators go negative in this market environment. Regards, Eichler

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