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

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To: JRI who wrote (1430)2/28/2001 12:12:20 PM
From: StockOperator  Read Replies (1) of 52237
 
You're right. It won't apply this year.

At this stage of the game, I would watch how stocks close today. Especially stocks that are currently up. SUNW is a good example. I would expect prices to close down, even modestly. Then the downward move to begin in earnest. Remember there are a lot of variables that are unknown. Like how will the FED respond to a potential panic in the equities market. Will they ease to stabilize things. Then you have to ask yourself will it even help. Will things feed on themselves??

Once again only time will tell.
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