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: donald sew who wrote (3674)	3/21/2001 4:43:38 PM
From: Jerry Olson	Read Replies (1) of 52237

Hi Don QQQ's and NAZ held well today..the DOW was playing catch up for now..thats all..broke thru my atgets of 9650/9700..not unusual... if the SOX actually breaks 500, on the 10 point chart not this one it's a 5 point...not a pretty thing... stockcharts.com then we'd have serious further damage to the NAZ...at this monent in time the NAZ is nearly 90% oversold on the P&F bell curve chart...and held well today despite the DOW's numbers... also a 37 print on the VIX is a nice breakout to the upside... as it is we hardly trade DOW stocks<G>..i did see some potential trouble in IBM's chart too..and have been writting about shorting all rallies in this stock from 110...it actually broke thru my downside target number of 93..but what hasn't in this market... it feels good to be in cash each nite..i did get hit for about a 5 point loss trading today..whippy i would say<VBG> so we'll see... warm regards jerry

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