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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: StockOperator who wrote (30248)2/19/2002 2:07:47 PM
From: Paul Shread  Read Replies (1) of 52237
 
Eegads, I go away for a few days and this place turns into a hornet's nest. -g- Sounds like a pretty even-handed view, SO, and thanks for taking the time to post it. I agree with the importance of the end of the quarter because another Japanese mark-to-market exercise is once again coinciding with futures expiration, which is always a volatile combo. And let's face it, on the simplest level, we've had a lot of failed breakouts on the indexes recently, which are pretty reliably bearish, at least for the short-term.

And in the very short-term, 1757 is the mid-point of an early November gap from 1745-1768, and thus a support point.

Good luck to all,

Paul
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