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: TechTrader42 who wrote (31832)	3/8/2002 11:25:04 AM
From: Terry Whitman	Read Replies (2) of 52237

The 5 day TRIN is near 4, and could go lower today so- it's probably not the ideal time to get long in a range bound market- but things have changed- we're busting UP out of the range. The Dow broke out, the TRANs confirmed, the SPX and the NAZ are following. Don't you remember how bull markets work? You buy the breakouts and ride the positive momentum. Although it looks like I timed that entry on LU wrong intraday- I'll hold it as long as the markets stay above the breakout points. No offense, but your analysis is going to continue to yield the wrong results as long as you keep holding on to the notion that it's still a bear market.. Just MHO, FWIW, do your own DD, etc...

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