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

To: Peace who wrote (30767)9/22/2000 4:26:13 PM
From: donald sew  Read Replies (2) | Respond to of 42787
 
Peace,

I am never convinced ever, since I deal with probability. With such a dynamic market, there is no such thing as 100% probability.

Subjectively, I too feel that there is now more upside for the short-term, but Im not convinced. Thats moot for me since Im never convinced. Regardless, I am now slightly biased to the upside with about 75% cash. Im probably wrong being biased to the upside, but what the heck, its only slight. Keep in mind that for now Im concentrating on mutual fund plays which is based on closing prices.

On the other hand, the media/analysts are really going strong on how bullish todays action was. Well, lets see if being bias to the upside is right. We will know next week.



To: Peace who wrote (30767)9/22/2000 4:31:31 PM
From: dennis michael patterson  Read Replies (2) | Respond to of 42787
 
Thanks to all the bears -- especially the ones from whom we never hear except when things look grim -- for the crescendo that was today's opening. Today was a signal event. This day should go in the Stock Attack TA book as the example of capitulation followed by a turnaround. Wow- what a day!


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