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

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To: Paul Shread who wrote (21787)10/16/2001 10:51:21 PM
From: 4rthofjuly007  Read Replies (1) of 52237
 
Where is Don?

I'm wondering if the window can remain open for Class 1 sell signals if we gap up tomorrow or if his signals are/could be negated. I must say that I am and have been quite impressed with his analysis.

A gap looks imminent. I am planning on closing remaining long positions tomorrow, probably at the open. As for going short, I'm weary. I think that either we see an intermediate or short term top tomorrow but we may see the selling short lived with a rally on MSFT. If we sell off moderately in the PM tomorrow and Thursday and then really tank on MSFT, I don't see how we bottom as early as Friday.
Given this, along with just plain being weary of getting short in front of MSFT, I may short tomorrow and cover Thursday. If MSFT is a sell, I think we will sell of for a bit and there will be an opportunity to get short Friday.
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