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

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To: Paul Shread who wrote (244)2/15/2001 3:41:22 PM
From: JRI  Read Replies (1) of 52237
 
Paul.....ugly distribution here end of day....makes the 1 1/2 day rally look like pure MM BS....makes me think next week may be uglier than (I) previously anticipated.....I thought this mini-rally would give us enough cushion, to selloff nicely next week, and fill the gap at 2491...

Given today's late action...IMO, that 2491 is too close, and we'll reach it too easily....I thinking about a lower 2400 number now...

That higher low is going to get stretched, tested, you name it....if it holds.....great, great sign (for medium term) for an upmove....if now.....oops...

I should've "hummer-ed" today....ggg
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