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: StockOperator who wrote (3786)	3/25/2001 11:36:41 PM
From: StockOperator	Read Replies (1) of 52237

There's some interesting divergences out there. The chips are pushing into heavy winds; reversal on the VIX; with the close last week I have a whole bunch of tech stocks "positioned" to move higher. What does it mean??? At this stage it is too early to say. But I think you have to take seriously the short term patterns that have formed lately. Depending on how we close out this qtr., there is a possibility we could be setting ourselves up for a countertrend rally. If it does happen I believe the move could be pretty powerful. Stocks would have to have another very strong week to solidify things. Remember this call is based only on the short term patterns that have developed. A bad week could easily tip us back into the abyss.

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