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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: StockOperator who wrote (3125)3/16/2001 2:21:18 AM
From: StockOperator  Read Replies (3) of 52237
 
You often hear how quiet things can be right before a tornado hits. That is exactly what this feels like. Charts look ugly. I think the glue to this market is the semis. Up to this point they have held up well. Their charts tell me that there just hanging on by a fingernail. The other day I mentioned in my post that I thought the next month or so would be critical for this group, I want to change my mind here and tell you I don't think they have that long. It's beginning to look like prices will have to "decide" which way they want to go by months end. There's bigtime pressure here weighing on things.

If the market loses confidence in this group lookout - illumination time.
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