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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: TechTrader42 who wrote (35484)5/6/2002 4:53:55 PM
From: ajtj99  Read Replies (2) of 52237
 
Brooke, I think we need more time to get the SPX and Nasdaq alligned, so maybe we don't do the Full Monty (pardon the pun) this time, possibly just kissing the 1088 low on the NDX or the 1120 close.

I really believe we are at a turning point, and the normal rise into the Fed has been replaced by a sell into the Fed. This could mean a long flag in the AM and a rapid move up after 2:15, as we would reverse the normal sell-off after the Fed.

Of course, I could also be abducted again by aliens tonight <G>.
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