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: Lee Lichterman III who wrote (25171)	11/30/2001 8:42:31 AM
From: Lee Lichterman III	Read Replies (1) of 52237

Germany unemployment rate came in up 125 K to over 3.7 million unemployed. Japan unemployment rate hit the highest level in 50 years tonight. What does this all mean? Not much I guess. Futures barely budging and my charts are showing only minor signs of safety seeking such as Bonds and 10 year notes getting some bids today. PG and a few others bounced hard from only one short term over sold signal which is a bullish sign. On my forks, most of the red ones have now been violated and I have been getting good action from my more bullish though mostly flat blue ones. As such, those are the ones I will be tracking for the near term. Unfortunately I can't seem to find any good new bullish forks on the NDX and a few other major indexes so I will just be using old fashioned trend lines for a while and watching signals. Not much else to say. Valuations are still high, there isn't any real good news out there and some companies are telling the truth admitting that they don't see any rebounds until at least 3Q of 2002 and maybe not until 2003. PLay the ripples or else get some dividends and relax until more is known down the road. Never under estimate the stupidity of the American Public........ ``I believe we will look back on the third quarter as the low point for information software,'' Siebel said during a keynote address at the Credit Suisse First Boston Technology Conference here. ``Things appear to be solidifying.'' But later, when asked if that meant Siebel's results would improve in the fourth quarter, Siebel cautioned. ``I did not say it was the bottom for Siebel.'' biz.yahoo.com Good Luck, Lee

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