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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: jtech who wrote (3346)3/19/2001 7:40:21 AM
From: donald sew  Read Replies (1) of 52237
 
Jtech,

>>>> Thursdays book to bill should put the final nail in the sox coffin <<<<

If the SOX sets a significant lower low below 515, that would probably do it. However Im not guessing how the market reacts to THUR's Book-to-Bill. What happens if the news is bad and the market ignores it. If there is bad news and it is ignored, that could be bullish for the short-term and just delay/postpone setting LOWER LOWs.
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