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

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To: macavity who wrote (5847)4/17/2001 6:06:55 AM
From: JRI  Read Replies (4) of 52237
 
I wrote on another thread this past weekend...there seemed to be this consensus that we would dip early week, and then rally back up to a higher high (2150?)...

The 2 scenarios which no one seemed to be thinking.....we do a straight moonshot UP, OR a fall off the cliff down (lower lows)....those would be "surprises"...even to the "savvy" crowd...and a contrarian would think about those this week...

(I also wrote that I thought the idea of a straight moonshot up didn't make sense to me...)

We'll see how it plays out.....I was/am actually more inclined to believe a dip, and an attempt at a higher high by next Monday, but maybe the Csco news (and coming Intel) will be enough to blow a major confidence hole in the bull's ship here....
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