Stock Attack -- A Complete Analysis Message Board

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

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To: dennis michael patterson who wrote (36525)	11/28/2000 12:12:31 PM
From: StockOperator	Read Replies (1) of 42787

Dennis, My calls have always been based on the overall structure of the charts. Six weeks ago when I started to point out the weakness in the charts BRCM was 240; RIMM 128; PMCS 213 look where they are trading now. What started like a trickle has turned into a waterfall in a short period of time. This dynamic has been occurring throughout the past couple of months on a rotating bases. Look at the action in the chips, the compx overall, look at YHOO, ORCL, ADCT, AMD all stocks that have taken a beating but have STILL not hit a bottom!! What we have seen so far has been a grinding down of prices, based on what I am seeing on the charts the capitulation phase I believe is about to hit us. Good trading. SO

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