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


To: Terry Whitman who wrote (27899)8/18/2000 9:10:15 AM
From: Lee Lichterman III  Respond to of 42787
 
That is what scares me. I am playing long and it is based mostly on gut feel. My systems are telling me we are over bought on most stocks but I just don't see a spark to trigger a drop here. Bearish charts all over, over bought signals, VIX about to drop below 20 yet we are a hair's breath from breaking out.

Take a look at the weekly SPX triangle and we are on the verge of breaking it to the upside.

Got to go to work, Good Luck,

Lee



To: Terry Whitman who wrote (27899)8/18/2000 10:09:41 AM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
GM was trading at 57 when I got four bearish opinions on it on this thread. Just opened at 68. Stock Attack - the contrarian indicator. ;-)