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

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To: AllansAlias who wrote (6051)4/19/2001 9:19:27 PM
From: Lee Lichterman III  Read Replies (1) of 52237
 
Thanks. After 2 1/2 hours I finally got through the regular CFZ thread, I see there are 240 new messages on your CFZ E-wave board. I am not reading that many posts in addition to my other threads I follow. -g- I won't get to sleep until Saturday night at the rate tonight is going. -ggg-

My daily charts are getting close or are at resistance levels but I am also seeing a few breakouts already. The weekly charts show this could continue which is really scary. All I can say is I am glad I am not short. Those guys must be really feeling pain right now. The number of stocks that have doubled in the last 2 few days is criminal. I would be really upset if I didn't own one of them -g- This is nuts.

If this really is a valid turn around here, Historically, there shoudl be a double bottom put in somewhere between 6 weeks and 3 months from the 4 April low. If this is not a real genuine turn around, then there are all sorts of scenarios where this could last a while before plunging to new lows. The bullish scenario would be a lot easier to time. -gg-

Good Luck,

Lee
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