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

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To: StockOperator who wrote (36587)11/29/2000 6:46:29 AM
From: StockOperator  Read Replies (3) of 42787
 
Up early rechecking my charts. Definitely looks ugly. A side note to these extremely painful couple of weeks coming may indeed be a public that ultimately blames the loser of this presidential election for their dwindling stock portfolios. Rightly or wrongly the blame will shift to one of them.

One last point. I believe CSCO is ready to join the rest of the market with an assault to lower levels. They have "managed" to keep it above 50 for quite some time. Mission accomplished - everyone and their mother knew that the market was "fine" as long as it maintained this level. Look for the breakdown to start immediately.

Trade with the trend.

SO
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