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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Paul Shread who wrote (3113)3/15/2001 7:54:58 PM
From: StockOperator  Read Replies (1) of 52237
 
You're right. These are dangerous waters here: Fed meeting, high PC ratios, VIX, prices rolling over. We're at the fork in the road here. But yet you have to continue to look around at other stocks like RMBS which completely blew through support or CHKP which gapped open and completely reversed or semis failing right at resistance. These are clues for the path the rest of the tech stocks may take. We have to use them but like you said you have to use stops just in case. Very easy to get sandbagged.
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