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: Paul Shread who wrote (2844)	3/14/2001 9:17:40 PM
From: StockOperator	Read Replies (1) of 52237

Paul, Sorry it took me so long to get back to you. I had a crazy day. The post that you responded to was in reference to premarket prices lower than the previous day's low. After seeing the futures limit down for the NAZ I checked to see where prices were trading relative to yesterday and there were a handful of stocks trading below yesterday's low. Yhoo was just one example. Of course prices did firm somewhat closer to the open, especially in the tech sector. Anyway that's all water under the bridge now. I can tell you that things still do not look good. Look at the trading in AETH, NXTL, COLT, LVLT and LWIN (trust me I could keep going) all breaking key support. All this with the VIX is the mid thirties and the PC ratio saying that its getting crowded in the bear camp. We are due for a bounce but the charts are saying not yet. I am seeing more damage ahead.

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