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


To: Paul Shread who wrote (34101)10/26/2000 12:42:38 PM
From: StockOperator  Read Replies (1) | Respond to of 42787
 
Paul,

The bright spot for your second graph is the time horizon it covers. Should offer some good support. I had a thought on CSCO. Anyone that has watched CNBC during this whole corrective process understands the importance of $50 to market psychology as a whole. If I was smart money, and I was attempting to liquidate positions across the board, it would be in my best interest to keep that psychology level high as long as possible making my job easier elsewhere.

I know this sound too much like a conspiracy theory. But I have seen too much over the years. BTW, AMZN is running into a serious brick wall here. Do or die over the next day or so.

Good trading.

SO