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: Secret_Agent_Man who wrote (906)	2/23/2001 11:56:53 AM
From: JRI	Read Replies (2) of 52237

Crusader...hellof a fight going on here....IMO, this is THE level for today...COMPX fails here..and watch it plunge until 2000-2050....and, then the Greenspan "put" comes into play... If it holds, maybe we get some rally here for a few days...a 200-300 pter over the next few days....could happen...full moon, or something like that <G> Gonna be tough to hold, IMO, because, at the end of the day...the "why hold now" momentum is so strong right now.......just the opposite of the long-side spike last spring...when the question for anyone with 10 cents to their name was "look what I'm missing....buy, buy"....also, Dow, S& P weakness is a real problem for Naz...nothing to help pull it up.... Even if we rally out of the hole here, I can't see it not selling off to a large extent by end of day.....due to (1) lots of distribution still going on and (2) folks not wanting to hold over weekend.... I think the best bullish scenario would be a chop around here for a few days, not going up much, but not breeching current support......building a better base for springing....perhaps you already said that (sorry)..

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