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

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To: StockOperator who wrote (42509)2/10/2001 7:30:07 PM
From: JRI  Read Replies (1) of 42787
 
SO- Does your view exclude sharp comeback rallies (within that sharp downtrend)?....given the oversold nature of the COMPX/NDX, I reckon traders will come in and buy a down Monday (on heavy tick), and ride it thru Greenie's speech (and probably bail before AMAT's earnings)...why would a short hold during Greenie's speech (when he/she can reload right after?)..

On Friday, I rambled to Paul Shread that the action Friday looked sick (and the market looked sick)...I still think that, but it still seems when we get too much downside (consecutive), a little upside always comes to brighten the day...just enough to get crushed/mauled/use-your-verb quickly after...
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