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


To: Jerry Olson who wrote (24294)6/12/2000 6:59:00 PM
From: bobby beara  Read Replies (2) | Respond to of 42787
 
Jerry, the market (oex) is stuck in neutral, between the april lows and 800. I think we have hit the top of the trading range and now we will drift down, too many people were too bullish and calling for a summer rally to go straight up, this thing needs a lot more basing.

The big hint was friday, when the major averages didn't rally hard on good news, the bullz have run out of steam, that oex put chart on alan newman's site says it all, no bears left on friday.

b



To: Jerry Olson who wrote (24294)6/12/2000 7:05:00 PM
From: donald sew  Read Replies (1) | Respond to of 42787
 
Jerry,

Carpino may have it right since I briefly went thru some of the charts and already seeing CLASS 2 BUY signals. I will have them posted in a little while when I post the INDEX UPDATE.

seeya