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: Hawk who wrote (6670)	5/1/2001 3:48:13 PM
From: Paul Shread	Read Replies (3) of 52237

>>Are fund and money managers just going to sit idle and watch or will they feel compelled to jump in.<< It looks to me like the commercials are short here but individuals are long; individuals don't have the power to drive the market. And I hate to be cynical, but everyone was out yesterday calling a bottom; that tells me that either they were trying to drive the indexes over critical resistance, or they were trying to suck all the money they could out of individuals. I'll be a believer at 11,000, 1300, and 2300. To turn under those levels would be one big negative, IMHO.

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