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 (3068)	3/15/2001 3:15:31 PM
From: JRI	Read Replies (1) of 52237

Naz looking ugly....I say we go weak into AG...and if he only 50BP....this thing get some needed capitulation...and an intermediate term bottom.... I am thinking we could see Dow 9000-9200 (!) and Naz 1600 by next Friday....sounds radical, but so many charts are falling apart still.....and absent 100 bp (which would scare the heebee jeebes out of some), I think Fed cut is old news.... A fear/capitulation bottom is going to be the only thing to significantly rally prices from here...given the lack of a earnings catalysts...that 2B on the sidelines, IMO, will (partially) come into the market ONLY if we get a huge flush...otherwise...it'll sit there...and we'll keep doing the do-se-do (3 steps down, 1 step up)

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