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 (34066)	4/10/2002 10:28:40 PM
From: Susan G	Read Replies (1) of 52237

Nothing suggests a bull on any of these charts to me...It was just a chart to show a retest of lows held and that's why the washout reversal ocurred today - just an oversold bounce that came off Don's signals. There is so much overhead resistance now, with techs weak I doubt this lasts more than a few days. So many of these tests of lows have held before - only to be taken out days later. So far we have taken out November, December, January lows - and almost lost February this am. Only September and October left! If this is bull market, someone ought to point the bull in the right direction, causes he's stumbling backwards <g> But you know I've thought all the "new bull" talk was a total crock of you know what. And I was just noticing yesterday, that cnbc has not mentioned the "new bull" for WEEKS. A few months ago, they had analysts on daily to discuss the new bull market. I guess they just sweep it under the rug, rather than have a bear on to scream this is just another bear market rally! Or god forbid, admit that they were dead wrong. At least as far as the nas goes, and the DOW and S&P have not proven a thing yet either... A nice study in the dynamics of sector rotation if you ask me! That guy Price Headley has been right on lately...I get his free newsletter. Good technical notes.

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