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

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To: donald sew who wrote (6762)5/2/2001 3:52:37 PM
From: American Spirit  Read Replies (3) of 52237
 
Donald, this is why I bug you. Your words on April 5th:

"As mentioned in the past, I will still continue my bear market strategy where I will start to add short positions which will hedge my long positions once my short term technicals hit the midrange. If/as it continues up I will continue to add short positions whereby strengthening my hedge, and once I get CLASS SELL signals I will close my long positions and be strictly short. So, basicly, I am still in more of a bearish mode.

In no way am I convinced that a bottom is set in the overall market, but am willing to say that that the recent bottom in the NDX at 1348, yesterday, is close. Im still holding to my position that 1063(OCT 1998 BOTTOM) will be the maximum low. If I see the forthcoming retest fail, then I wont be as confident on 1063 being the maximum low."
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