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: Frederick Langford who wrote (32958)	3/24/2002 2:29:55 PM
From: Susan G	Read Replies (2) of 52237

In all the polls, the BP indexes, the cots and especially the Rydex funds...but as always this is just my humble opinion as a trader. If I was a buy and hold long term investor, there might be some temptation to try to buy "the bottom" but that can be lethal in a bear market. Which I believe this still is, at least in the nasdaq. And people around my town are talking about getting back in soon for the big spring rally <g> Actually heard on line at my local food market the other day. Scary. SI does not count, we are educated <g> The bearish divergences I am seeing are on the charts... hard to explain, it just comes from being a chartaholic who looks at chart patterns going way back. Wouldn't be surprised at one more blast to the upside to suck in buyers before everyone finally realizes earnings are not going to skyrocket in the next quarter... Without the difference in the opinions between bulls and bears there would not be such a tradeable market. So as long as the battle between both sides continues, we can make a good living off of it.

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