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: StockOperator who wrote (2418)	3/9/2001 1:00:50 PM
From: JRI	Read Replies (2) of 52237

SO- There is STILL no fear....Tic.0 is not near panic levels...this is really dangerous for longs, IMO....as if the slide has been happening so long, that they are numb to these levels.... Given this is Friday, given the terrible week on a intra-day basis (no buying interest in COMPX), breaking key short-term and long-term support today...I just don't see how we do anything but tank this afternoon...(maybe we'll get a 20pt rally on Naz in there....but after 3 PM- get out of way).. Again, we have a Fri/Monday/Tuesday scenario (funny how "epic" days coagulate around this period)... 6 down weeks in a row for Naz, equally worse of activity since Oct.....I don't know what's scarier (for mid/long-term long argument)...getting capitulation here, and some short-term resolution....or not getting it.....this market feels like death row, and the execution date is still aways away... If we don't panic this afternoon or Monday, what the heck is it going to take?

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