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

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To: dennis michael patterson who wrote (7130)5/6/2001 12:19:13 PM
From: Jerry Olson  Read Replies (1) of 52237
 
Hi Dennis

i hope that things are going extra well for you guy...

2300 is very heavy resistance on the NAZ and then 2500 is the bearish R line there...i doubt will break thru there till after the FOMC...2250 is a double top buy on P&F we should touch 2300 this week..but correct from there...

however i do see most of the major indexs setting up for an explosive run shortly...

if the VIX prints 26 and runs down to 23 we'll have a short term correction..it will be shallow and short lived..

i will buy that dip with all the ammuntion i can muster on the "if come" that we'll breakout of of those heavy R areas on the way back up...

warmest regards

juice
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