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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Paul Shread who wrote (7539)5/16/2001 4:51:41 PM
From: isopatch  Read Replies (2) of 52237
 
Paul. Perhaps we'll finally get some correction

to begin 5/23. Folks ought to be turning bullish by then.(g)

Afterall, how high do we need to go?! We're already up over 2,000 points on the Dow without a significant pull back. Should be dawning on the bears that have dominated so many of the big SI threads in the past month they've they're on the wrong side of this market.

But, even the most powerful rallies consolidate occasionally on the way up. This should be no different.

Don't mean to gloat vis a vis some of the other posters here. But gotta say, having been mostly long for the past month, am a pretty happy camper right about now. (currently 70% long vs 30% cash - the opposite of 60 days ago)

As you know my style is to concentrate on identifying the important Intermediate Term trend changes. On a rally, such as this one, simply weed out underperformers and add to my strong stocks as the rally unfolds.

This looks like another very good year.

Hope your move is going well.

Isopatch
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