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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: StockOperator who wrote (5403)4/9/2001 11:29:34 PM
From: Eurobum1  Read Replies (3) of 52237
 
SO...It's very true that we're sitting on a powder keg...

We still have ugly chart formation for most of the stocks. Except the ones that you mentioned which are already warned or re-affirmed their earning bottom line.
I don't trust the Dow much because it's so easy to manipulate; but with NAZ I don't see we will have a strong move upwards due to the SOX. Today we have certain degree of comeback from the SOX but all we need is another 20 points on the downside before all hell break loose.
I'm watching the reaction of MOT, RBAK, YHOO earning due tomorrow and Wednesday. And I'm betting on the downside on Thursday with JNPR's earning. Also we have a short week.
Today I saw a lot of cautious move. The only one that I use to trade in and out for the last 4 days is ABGX. Just have a look at the 5 mn chart. Good nite.
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