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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Chris who wrote (11578)7/13/2001 8:52:28 AM
From: Terry Whitman  Read Replies (1) of 52237
 
The ABBY JO 3-DAY INDICATOR, 'Now in effect'. I bet she will emphasize wall street's newest sales pitch, HOPE-
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NEW YORK (Reuters) - Stocks racked up their biggest gains in more than two months on Thursday, after technology bellwethers Microsoft Corp. and Motorola Inc. infused Wall Street with hope that corporate profits may be near a rebound.
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Funny, mama always told me that HOPE wasn't a good investment strategy. <g>

I seem to recall many days like yesterday last fall, when the big boys would sky for a day, day and a half, and then immediately reverse. Maybe this time is different- but maybe it's the same. Let's see some resistance blown thru, growing new highs, etc. before getting too excited.
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