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

To: StockOperator who wrote (35120)	11/8/2000 6:55:30 PM
From: oldirtybastard	Respond to of 42787

we still haven't seen bids disappear..I especially expect that on the 2nd tier techs..market still in denial imo..everyone bought the "rally" already and it didn't happen. Gore isn't going to make companies miss their #'s next go round, it will happen all by itself.

To: StockOperator who wrote (35120)	11/9/2000 11:51:09 AM
From: StockOperator	Read Replies (1) \| Respond to of 42787

This market can run, but it can't hide. With each passing day and every additional piece of the puzzle I believe we are locked into a downward cycle that will see stocks retest long term trendlines. I believe this retesting phase will continue to be rotational in nature. Sort of a rolling wave of destruction, tearing at investor psychology one stock, one group at a time. The greatest pain I believe will continue to be in the stocks that have had the biggest gains during that historic rise last March. So far at least it appears that stocks are grinding down to longer trend lines only. Which still paints the broader picture overall as being bullish. Still great pain for those that bought the top. Right now it's still way too early to say what will happen once prices reach those levels. I'm sure the charts will lead the way. The close on Friday should offer some clues. My strong guess is it will indicate that the tech wreck will continue and accelerate pushing lower next week. I hate to sound so negative but that's the way I'm seeing it right now. Good trading. SO