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

To: Paul Shread who wrote (38081)	12/14/2000 5:17:54 PM
From: Jack T. Pearson	Respond to of 42787

I believe a dark cloud is defined as a black candle that penetrates from above to more than half way down a preceding white candle. Last week the NDX moved up 328. The midpoint in that move is 2736. So technically, all the NDX has to do tomorrow is move up from 2729 to 2737 to negate the dark cloud covering. I won't be betting on that happening.

To: Paul Shread who wrote (38081)	12/14/2000 5:24:39 PM
From: john722	Respond to of 42787

Paul. I'm not sure But I would say that if we close tomorrow higher thatn today's close it would take us up out of the half way into the prior real body white candle. Stan over on "The Thread" Link: Subject 34638 is a real good Candlestick guy. Today's AH news combined with the Charts don't bode well for tomorrow unless we get a great CPI (AG's #1 indicator I read somewhere). Goodnight. Off to my niece's Birthday Party.

To: Paul Shread who wrote (38081)	12/14/2000 6:01:33 PM
From: JRI	Read Replies (1) \| Respond to of 42787

If you were Greenie...knowing what you know.....wouldn't you cut rates ONCE now (next Tuesday)?....and then wait and see in January if the data keeps coming a consistent downward slide....and do it again (if the data continues down).. Core PPI was flat today...if CPI core also benign, I would think Greenie has room here... Man, when was the last time Msft and all the techs, AND, consumer durables, AND retail all missed estimates...Real estate is going to tank big time in the spring....Greenie has to have blinders not to see a problem here... But let's say I'm wrong: If (somehow) December unemployment, wages, retail sales remain strong/gain strength....you leave it at one cut....that's not going to provide that much impetus here..that's not going to drive us back above 4+ % annual growth......but waiting even 6 weeks to cut could be deadly if we are going in for a hard landing.....we could go negative growth by Q1.. In my mind, (cut now) is the best "protect my rear" yet not pour too much fuel on the fire strategy for Greenie.....waiting until January to cut may be too late (given the months lag)...Greenie would be dumb to risk recession....given now oil is likely back under control.. If we don't rally into the Fed meeting, I think I'll buy on the odd chance I'm right here.....after all, if the Naz is sitting between 2500-2600 by meeting day, I'd say the "neutral" is priced in...pretty low risk, no?....BTW- I think any rate cut rally will be short, but should be strong..