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: Paul Shread who wrote (41036)	11/20/2002 7:21:25 PM
From: Joseph Silent	Read Replies (5) of 52237

Just naive observations .... from perusing the threads. The experts have been looking down for some time now, but the markets refuse to give in (violent bear market rallies?). If the next levels (highs) are taken out, the short-term bullish case gets stronger and we'll get out of this range we seem to be in. It seems more or less a given that we'll head down at some point. The questions that remain are (a) when, (b) how far up will we go before turning down with any seriousness, and (c) when we do turn down, from where will it be and how far down. The more determined shorts are invariably more determined to take the markets higher (given days like today), and the higher uncertainty (as I understand) makes sentiment start to matter more. I wonder if Don's sell signals will get violated again soon (he has a phrase for this; I'm sorry I don't recall the exact phrase, but I recall him pointing out that the move can be strong if it does get violated).

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