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


To: Terry Whitman who wrote (37550)12/7/2000 3:55:11 PM
From: Paul Shread  Read Replies (1) | Respond to of 42787
 
From Briefing:

Strong: homebuilding, photography, food, beverages, household products, oil, gold

Weak: aluminum, office equip, toys, airlines, software, telecom long-dist., semis, Internet, paper

I agree this may be the bottom; NDX forming a very nice inverted H&S if it holds today's low.

Agree that news gets worse at the bottom; a bottom is when the market makes a psychological turn so it is insulated from further bad news. I'm betting that we've made that kind of turn. Besides, the Greenspan Put has been invoked. ;-)