Stock Attack II - A Complete Analysis Message Board

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

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To: JRI who wrote (324)	2/16/2001 12:29:49 PM
From: Paul Shread	Read Replies (1) of 52237

Funny that we haven't taken out the Feb. 13 close yet (2427.72). In bear markets, shorts cover on Fridays before three-day weekends, if I remember correctly; in bull markets, longs sell on those days. This afternoon should be interesting. >>never recall seeing the market down so much at open<< Can you say exhaustion gap? I'm encouraged by what I see so far, the inability to take out some key supports despite all the negativity ... so far. Volume's not high enough to take out a support of this magnitude ... yet. Knock on wood on that one.

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