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


To: bobby beara who wrote (36227)11/22/2000 8:20:13 PM
From: dennis michael patterson  Respond to of 42787
 
b, sanguine analysis. I have ben in cash for so long. Sure, I trade every day, making 200-1200 a day (BFD). But I am scared sh*tless, and will nt hold overnight. This is no fun anymore. I am in this for the discipline.



To: bobby beara who wrote (36227)11/22/2000 9:32:48 PM
From: Secret_Agent_Man  Read Replies (1) | Respond to of 42787
 
I thought this was a market crash...just in slow grinding motion, kinda like all the motions dem dems keep peddlin'
dey gonna peddle us right down da river!



To: bobby beara who wrote (36227)11/22/2000 10:23:10 PM
From: drsvelte  Read Replies (1) | Respond to of 42787
 
gore better end this futile attempt to do the dimpled chad BS on the american voters, he's already pissed off the armed forces by trying to eliminate their right to vote (commander is cheif my arse), but allowing dimpled chads to be in his favor, it may take a market crash before this dumb F*ck understands what he is creating because his ego is larger than the good of the country or the world economy.

Your best call! ever!



To: bobby beara who wrote (36227)11/24/2000 9:39:44 AM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
BB, great observations. A few observations based on your own:

AOL looks like a descending triangle from 75-50; could be headed for 25, which IMHO is a much more reasonable multiple anyway.

BA is definitely a broadening top. A close of 52-53 should carry it to 37(!!!) A pretty damn big sell-off for an old econ stock. The high around 70 could be a good shorting point, since it is on a line with the previous two peaks.

On the SPX H&S, I believe the neckline was touched at the 1322 low Wednesday, at least the way I would draw it across the head and right shoulder (eyeballing - will post a chart later). FWIW, SPX broke an H&S to the downside a year ago before taking off like crazy to the upside.

Given the definitive break of the SPX 94 log trendline Wednesday, it sure looks like The Big One may still lie ahead...

But be careful - we have a bad record when agreeing. ;-) We shoulda focused on that JNPR broadening top last month. Those patterns never lie. Probably the most reliable major topping pattern there is. Requires an out-of-control market to form, which is the very definition of a top.