The 56 Point TA; Charts With an Attitude Message Board

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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: bdog who wrote (39889)	9/26/2001 2:46:03 AM
From: Doug R	Read Replies (2) of 79240

Looks like the Dow is very well positioned to move above 9300 in a day or three...immso (in my most studied opinion) The "profit taking" or "caution" (that's how the media will characterize it but everything will still be so low that it escapes me how it could be said to be profit taking when there has been such relative devastation on the longside recently and it's difficult to justify caution after an overabundance of caution has already been played out even though market psychology can take caution unjustifiably farther than overabundance) from there will begin to set up the technically obvious nature of a 9 month buy and hold strategy in the 100 or so stocks most frequently mentioned here in the last 4 months. I will provide a list of them this weekend for those who have not been taking notes. (that's a hint that there's a great advantage to taking notes) And Bdog...get out of the thinly traded stuff and go after the really cheap backbone of America type stocks as this bottom plays itself out. Doug R

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