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

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To: StockOperator who wrote (38953)12/21/2000 11:33:27 PM
From: StockOperator  Read Replies (2) of 42787
 
I just wanted to take the time once again to reemphasize that anyone trading these markets (long) at this stage of the game be extremely careful. I am about halfway through my charts of all the major players on the compx, and my stomach is in a knot. Downside projections for even the majors, (INTC, MSFT, SUNW ...) much further from here. Watch the setup tomorrow, especially in the chips, which are ready for a their next leg down. Watch how stocks close relative to their opening prices (KLAC and XLNX are good examples). This is usually the first crack in the dam.

Good luck.

SO
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