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

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To: isopatch who wrote (30385)2/19/2002 1:24:56 PM
From: Terry Whitman  Read Replies (2) of 52237
 
Thanks Iso- There's really nothing bullish looking in the ST except the pessimistic sentiment. But that's when the market generally turns- when nothing looks positive- and the overwhelming majority are looking down.

So far, the bad companies are being sold- the good ones are not. That's good for the market in the LT. Keeps the companies on their toes. The majority of my longs are still in the black, oddly enuf.

Today- Light volume after a steep decline. Generally means we're ready to turn. Buy good companies, and buy them when the market is down- and you'll have little to fear. BWDIK

BTW- I heard CNBC had a special on the Late 1920's, market crash, etc. this weekend. Gee, I wonder if that means we're near a top...

Here's another sell signal. I better get completely short here. Don't wanna miss the train. Message 17081938

Regards,
TW
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