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


To: Galirayo who wrote (32617)10/11/2000 8:08:09 PM
From: eichler  Read Replies (1) | Respond to of 42787
 
Hey Ray,

Agree, who needs it? But needed or not, I think we're going to get it. In this game called the stock market, punishment is delivered for excess. If it is true that margin is as high
as in the spring AND we are 2000 Nas points below the spring
highs.....something is going to give. I wonder what will happen as soon as the May lows are broken... some stop loss
maybe? That will satisfy for me the "Qualification of
Capitulation". To me, the weekly chart looks like $hit, and
if you really want to see something interesting, you should ponder the current candle being created on the Monthly Chart.
Not for the faint of heart. It's a bear.
Regards,
Eichler