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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Jan Crawley who wrote (1153)2/26/2001 3:59:02 PM
From: HammerHead  Read Replies (1) of 52237
 
yes, i heard that too. this Wayne-Angell indicator is really hard to follow. now the question is if the fed does cut 50 base this week, can we repeat the same rally as early january?
the reasons for rally:
1. the economy will soon recover after fed's aggressive move, tech will benefit most
2. illusion of tech bottom
3. short cover by institution, or lack of short and sell
the reasons for sell:
1. the economy will still be slow to recover
2. more warning ahead this Q earnings report
3. sell on news, or the shorts take this opportunity
so toss your coin...
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