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

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To: adcpres who wrote (2752)3/13/2001 12:32:52 PM
From: JRI  Read Replies (2) of 52237
 
Actually...you raise a very good point....we didn't get (or not yet) haven't got any panic/fear/gap down day today....I agree....one would have thought, given the headlines, that we would have got it...

So, it looks like the preferred "framework" is a 3 steps down, 1 step up...same thing we've seen for a while.......and, at some point, we will get those fear spikes....(Raised on another thread)....since 1995, SnP has gained just as much as Dow...so those are in equilibrium again.....so now, it is incumbent that ALL 3 come down together...

As this process unfolds, I think we'll see a decent fear spike and intermediate term bottom at some point soon.....I am more interested, though, in playing the downtrend again (after relief rallies) then short spikes.....UNLESS we get the fear...(even then, I'll be nimble)
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