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

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To: dennis michael patterson who wrote (10597)6/29/2001 6:47:47 AM
From: Jerry Olson  Read Replies (2) of 52237
 
Dennis

i think since we held 1207 3 times now..and bounced off them nicely here..cycle lows will be a much higher low..with an upward bias now..imo...
we touched the 3/4 c-band yesterday at 1234 and sold off..a normal reaction...

i am watching 1213..now..not 1207..and if we do not get there at 1213..and hang around 1225 above 1222..then we are going up from here...

in other words, if they could not break the recent lows at 1207..and we hold well above that target..then for now 1190-1170 is not in the current picture i would assume...

i am waiting for later today into Monday to initiate any long posiiton type trades...
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