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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Lee Lichterman III who wrote (39286)12/26/2000 12:24:17 PM
From: donald sew  Read Replies (1) of 42787
 
Lee,

>>>> I am a bit worrid about the dollar. I show it needs to reverse at 109 so there is still room but as long as the dollar is weak, I doubt we can go too far in the rest of the market. <<<<

You always worry, so whats new. gggggggggg

You have a valid point, and the US DOLLAR will probably have some sort of limiting effect on this short-term rally, but that doesnt mean that it cant move up a bit more. The NAZ NEW LOWs are not deteriorating, although the day is still young. If the NAZ can stay flat(+/- 50) and the NEW LOWS dont deteriorate significantly, then Im going to play the 3-DAY PATTERN.
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