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: Terry Whitman who wrote (30770)	2/25/2002 5:38:25 PM
From: Jerry Olson	Read Replies (2) of 52237

Hi Terry we had a beautiful breakout today of the DOW... now could see that 10,300 the double top... there's so much bearishness out there it's very funny.. the bottom seems to be near...we did have all those 61.8% retraces back down..now let's see if the test holds one more time...my downside targets were hit near the numbers i posted here... more important is the very strong support at 1075-80 SPX...and any break of that i see a small down side of 1050-30...the washout area...risk reward would be very good there... so we'll see,- people better get there dry powder ready...<g> hope you're doing well regards jer

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