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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: StockOperator who wrote (1908)3/3/2001 1:29:35 PM
From: Jack T. Pearson  Read Replies (1) of 52237
 
I agree, next week will be critical. It may be wishful thinking, but what I noticed last week is that the market tried to move up, only to be repeatedly cut down by after-hours warnings. The good news is that except for software, the market recovered from the ORCL warning. Friday's late sell-off may have been people selling the rally or it could have been traders exiting for the weekend--probably a combination. The NASDAQ closed a couple of points above where it opened. I wouldn't be surprised to see some sort of bounce early next week. Maybe even a two-day rally!
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