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

To: donald sew who wrote (24130)	6/5/2000 7:50:00 AM
From: Jerry Olson	Read Replies (2) \| Respond to of 42787

Morning Don... i just looked at the DXM0 on P&F...this chart suggests a pullback from an outstanding rally to a recent lower top at 109ish... it is correcting from that run Don..my guess would be back to the middle of the trading band... i would guess, 103.50 area...about a 50% retrace down... what that actually means to the markets??? i have no clue.. what my game plan is for the next 2-3 weeks.."if it can play out" this way..is sell short some blimpy bloated semis this week., that will correct fast here... go long maybe Fri late, for the macro cycle highs coming around the 16th thru the 22nd time frame..then sell it for last time before the FOMC and into the end of the month.. where if everything comes in as expected, i will then take some serious longer term position trades...i think this will set up a big move north...as long as we don't violate any supports... of course it has to unfold that way...and we both know what that means<G>...