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

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To: StockOperator who wrote (41128)1/25/2001 2:48:14 PM
From: StockOperator  Read Replies (1) of 42787
 
We are beginning to see some of the damage in prices for some of the stocks that I mentioned the last time I posted. Stocks like SDLI, ORCL, JDSU, KEI are just a handful of stocks that are going to have significant pressure breaking out here. While other stocks like NTAP and ADCT are breaking down after a weak attempt at a rally. These two stocks are adhering to downward trendlines established many months ago. Which tells me that the correction (bear market) is not over for techs. If I am correct you will also see companies like IBM which gapped into this recent run give back much of those gains heading into the FOMC meeting.

Good luck trading.

SO
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