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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Jerry Olson who wrote (24096)	6/4/2000 9:14:00 AM
From: Gersh Avery	Read Replies (3) \| Respond to of 42787

bobby the contrary bullish indicator<G>??

To: Jerry Olson who wrote (24096)	6/5/2000 7:40:00 AM
From: donald sew	Read Replies (1) \| Respond to of 42787

Jerry, Last weeks action in the stock market was bullish, which gives support that the NAZ could rebound to the the FIB level os 38-62% which would be about 3840-4340. The problem now is the US DOLLAR and seasonality. If the US DOLLAR continues to decline this week, that could intensify the pullback. Concerning the upside, we are now in the weaker 6-months of the year. My postion has not changed for over a year, which is that for the overall market we are basicly in a wide trading range, untill the SPX breaks below 1340 which is a long ways away. So if the US DOLLAR is no longer a issue this week then your targets seems to be somewhat in line, but if the US DOLLAR significantly deteriorates futher, things could get worse than most expect. Looks like we are going to get that ABANONDED BABY on the XLK and other HiTECHs today. Would I buy this dip for a trade - YEP seeya