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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: dennis michael patterson who wrote (48356)3/26/2004 3:44:16 PM
From: Michael Watkins  Read Replies (2) of 52237
 
My guess is yes, but whether it moves up directly or makes a couple of down days first only Monday and Tuesday can tell.

I think given the pessimism out there, its entirely likely that price could retrace 50% of the move up from the lows between now and Monday close.

That would of course add lots of fuel to sustain a further move up if it can happen.

Maybe I could put this a different way - I am primarily known as a short seller and even I am long... by far the largest long position I've had since early Jan.
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