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: Challo Jeregy who wrote (14648)	8/11/2001 9:46:05 PM
From: Challo Jeregy	Read Replies (1) of 52237

Interesting observations this week-end here on SI and other chat rooms I frequent- I have never seen so many bullish expectations- everyone is expecting a rally this week. ok, but what kind of rally? close max pain djia 10416 105/106 (options - can't remember symbol) spx 1190 1200 nasd 1956 2000/2040 qqq 40.28 42ish msft 65.52 65 dell 26.91 25/27.5 intc 29.95 30 then, we have cybersavvy's beautiful chart (thanks cyber) - rain.prohosting.com showing a bearish descending triangle chartpatterns.com see bottom chart on this page mjollnir.freeyellow.com that gives us about 10 points(ok, maybe 15 considering the other indices) on the s&p, 40 to 80 points in the nasd, 100 or so in the dow, 2 points in the q's. Ok, I'll take 'em, but then what? this week will have to stay pretty choppy to keep us in this range til Friday. History shows that usually the first couple of days after options expiration is down. And don't forget, - new moon on the 19th <ggg> I expect a LOT of volatility this week.

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