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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: ajtj99 who wrote (41133)11/21/2002 10:46:30 PM
From: DayTraderKidd  Read Replies (1) of 52237
 
futures are down right now as I type. It wont take much to negate the patter so we are going to find out real quick if that inverted H&S is real or not. I am seeing a lot of these setups including one on the QQQ that should take up it to 33.

I think the setup is good. Plus, not many on the boards anyway, seem to belive it can happen. The concensus seems to be either to buy the next dip or this rally will peter out at around 1500 tops.

I think if the market doesn't sell off real quick that there will be a lot of chart chasers. Plus a bunch of unlucky shorts.

So whatever is going to happen should happen very quick.
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