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


To: Dan Duchardt who wrote (32628)10/12/2000 3:51:38 AM
From: Square_Dealings  Read Replies (2) | Respond to of 42787
 
Dan <<If we get a higher high here for a day or two, and VIX starts to pull back, I'm not going to be sitting here saying this can't be the bottom because it didn't look like one.>>

I expect a good bounce here that may even last for more than a day. Brinker is calling this the "get out rally" ahead of a sharp decline. I agree with him fwiw.

Until the fundamentals change I see no turn in the economic picture that would sustain a rally. The two biggest problems, the euro and oil/energy costs have not changed.


good luck and good trading
M.



To: Dan Duchardt who wrote (32628)10/12/2000 8:57:04 AM
From: eichler  Respond to of 42787
 
Dan
Appreciate your thoughts.
Futures are green this a.m. Must be getting old, can barely
remember the last time....<ggg>
Good trading.
Eichler