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: ajtj99 who wrote (41156)	11/22/2002 1:51:05 AM
From: augieboo	of 52237

It's not a target so much as a feeling. If I remember correctly, the post-911 rally had three things going for it: 1. Extreme compression caused by the terrorist attacks, which sped up the cratering which had already started; 2. The erroneous belief that the recession was ending/being avoided all together; 3. The patriotism factor. In contrast, as I look at it, that there was no reason for this rally to begin in the first place and no reason for it continue this far, so why can't it just consolidate a bit and keep on going, for the same non- reason? All along we thought that it would die "as soon as," i.e., -- as soon as the PPT stops pushing; -- as soon as the elections are over; -- as soon as we hit the Thanksgiving break. I have a new formulation I've come up with. This rally will die as soon as it can't go up any more, as soon as there is nothing da boyz can do to squeeze another nickle out of JQPublic, as soon as they are absolutely sure that they cannot possibly meet their goals of jacking up the indices to their predetermined targets -- whatever they are. JMDO, augie

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