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: Casaubon who wrote (2258)	3/8/2001 12:16:41 AM
From: Michael Watkins	Read Replies (1) of 52237

Strictly speaking it would be safest to wait until this trading range is broken. And the last couple days are just a small consolidation within a much larger range, despite all the talk and angst - trading in here is an invitation to being whipsawed or taking on undue risk. ottographs.com Agressive traders might short on a break of Wednesday's low on SPX. A break of Tuesday's low is incrementally safer. And safest of all would be to let things play out. My guess leans to a scenario where the upper boundary of the larger range is attempted. I am definitely a seller of any failure there.

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