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

To: James Strauss who wrote (28892)	9/1/2000 10:47:12 AM
From: Paul Shread	Read Replies (2) \| Respond to of 42787

Unless COMPX can clear 4337, we do not have an uptrend in Fibonacci terms (above 62%). That said, I'm sure you've made some nice money here, so congratulations.

To: James Strauss who wrote (28892)	9/1/2000 11:43:17 AM
From: donald sew	Read Replies (1) \| Respond to of 42787

James, >>>>> Why not cut through all the clutter and see what the prices are actually doing? They are rising... bigcharts.com. <<<<< By using the word "CLUTTER" it is implying that you dont fully understand it or that you are demeaning that analysis. You have used phrases like "cant see through the forest", and those are subtle methods of saying that an analysis is wrong. This is not an issue of who is right or wrong, but I will admit that so far I have been wrong by about 150-200 NDX points, since my INDEX UPDATE of JULY 31 mentioned 3850 on the NDX as strong resistance. This is a issue of respecting anothers analysis as long as it has backup. That analysis which you described as "CLUTTER" was complete, and should be respected without attaching negative adjectives. Hey, it could be wrong but that is not the point, it was complete. Also, Im not saying that you cant oppose anothers analysis either, but if you do back it up. >>>> ....and see what the prices are actually doing? They are rising. <<<< You are correct that they are rising. But didnt price also rise into the JULY 20 peak of 1998, and didnt it rise in the DOW's peak this JAN and the NAZ/NDX's peak in MAR. And I could probably give you hundreds of example where there was a rally before a selloff, since that is normally the case. I really dont know for sure where the next important top is but feel there is a fair chance that it could be very soon, in terms of weeks. I would clarify that I categorise an important top where a correction of 5%+ occurs in the market or individual sectors(keeping in mind the possibility of sector rotation where once index could go up which another goes down). Dont get me wrong, I do respect your analysis since you do have some sort of backup for support, but would respect it more if it was more objective rather than being so one-sided.