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: Vitas who wrote (37614)	7/2/2002 10:23:11 PM
From: TechTrader42	Read Replies (1) of 52237

The bottom line, from Lowry's Reports: "Thus, the probabilities drawn from past experience suggested that stock prices had not been discounted enough to attract a broad sustained buying interest. In short, the final market bottom had not been seen in September 2001. And, the highly selective rally that ensued from the September 2001 low through early January 2002 was, once again, not strong enough to produce a 90% Upside Day, thus adding to the evidence that the final low for the Dow Jones Industrial Average has not yet been reached, and that a period of investor panic, generating a series of 90% Downside Days, may still be ahead."

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