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

To: dennis michael patterson who wrote (38513)	12/20/2000 12:51:43 AM
From: Challo Jeregy	Read Replies (1) \| Respond to of 42787

I thought you said to read HB. <ggg> Message 15047439

To: dennis michael patterson who wrote (38513)	12/20/2000 12:02:28 PM
From: pater tenebrarum	Read Replies (2) \| Respond to of 42787

Dennis, first of all, thanks for the kind words...and secondly, a caveat regarding the potential for a reversal day. it could be either today or tomorrow...the put/call ratios so far do not support the idea that it will happen today, but that may change. note: the cycle low is NOT on the 26th...it's on the 27th. the progression could be: reversal either today or tomorrow, one or two days of heavy volume sideways trading, and the final sell-off on the 26th and 27th. IF the 27th is a high instead of a low, i would expect the panic to strike in early Jan. the low worth buying for the intermediate term will imo only arrive by the end of January, when the rate cut coincides with a cycle low for stocks and a cycle high for bonds. regards, hb