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: J.B.C. who wrote (31312)	3/4/2002 7:44:30 AM
From: Jerry Olson	Read Replies (3) of 52237

JBC strickly TA..i could care less what the stock makes...i'm a chartist pure and simple... product is unimportant to me.. but i do use a top down methedology.. meaning i want to know first are we on offense of defense on the charts..where are the INDEX's and indicators..Our main coache's the BP's of the OTC & NYSE... then i scan the sectors as to which are at the lowest possible points on their chart..below 30% is good.. then i scan the stocks in those sectors to place longer term funds using LEAP Calls..the 2004's now... i use RS against the SPX/DOW and the peer group the stock reside's in... so in essence i'm looking for beaten down stocks in beaten down sectors as the markets and Bullish percents turn up... i do not guess or anticipate..i wait for the actual turn... in this market gambling is for fools... hope that helps... OJ

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