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 (36537)	11/28/2000 12:50:11 PM
From: StockOperator	Read Replies (2) of 42787

Dennis, I know some of these prices are amazing, but in a couple of weeks I believe many will be unbelievable. IF I am correct you are going to be able to buy XLNX currently $48 low 20's; YHOO 39 maybe 20; AMZN (25) maybe 13; ORCL (22) maybe 11 AMD 18 possible 9-10. I don't even want to speculate on PMCS, CIEN, SDLI, JDSU. Who knows, these numbers are rough quesses based on the long term structure of each chart. My point is this downside action will break the back of many and offer us the capitulation needed to form a more serious bottom. Of course I could be wrong on just how low we go but with stocks like PMCS and YHOO breaking into new lows today we should heed the markets message when it says that the bottom is not here yet. Good trading. SO

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