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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less.....

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To: Mike Sawyer who wrote (20719)2/21/2001 7:26:20 PM
From: Smiling Bob  Read Replies (2) of 59879
 
I didn't look at the chart. Just watching recent trading activity while considering the economic cycle.
An extended period of extraordinary growth- much of which is always based on credit-has to be met with some fairly significant downturns.
The stage is set and those lay-offs aren't props.
More bad news for HD out after close
The DOW is very vulnerable, being that's it's only down less than 10% off 52 wk highs
I was a few months off with this one, but the fact remains
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Message 15388945
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