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: dennis michael patterson who wrote (7864)	5/23/2001 7:54:58 AM
From: J. P.	Read Replies (2) of 52237

Dennis, I've noticed you're extremely bearish. Admittedly the market may back and fill, but remember we've just had a year long bear market where the selling went on daily. All the big funds who needed to dump dumped. The worst earnings have been "priced" in. The worst earnings have been reported. From here the comps become easier especially for tech and the financials. The rate cuts will surely have an effect. Think of it, 5 rate cuts. Remember during the bear market where the stochastics, etc. became oversold and stayed buried at the bottom and the selling actually intensified under those conditions? Well, I think we may see the opposite of that condition in the reverse at some point here. Plus watch for some end of month buying here.... I could be wrong, just something to consider.

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