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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Gersh Avery who wrote (6399)4/26/2001 9:10:31 PM
From: Paul Shread  Read Replies (2) of 52237
 
A retest of the lows/double bottom? What the heck is this, 1998? ;-) Great work.

Someone posted a chart recently showing the Dow has a 35-day cycle over the last couple of years. Could mean a retest of 9400 or so ~May 11. Can it really be this easy? I can't believe we're not going to revisit the 1998 lows at some point, but the Fed has pumped enough liquidity in the system so it's possible we could get a susbtantial bottom here...
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