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


To: Paul Shread who wrote (38634)12/20/2000 1:55:13 PM
From: JRI  Respond to of 42787
 
Paul, I see that we are getting near some support levels that many are listing...but my question: Who would buy the market between now and tomorrow gap down (a near certainty, no?)...I mean, who would hold overnite here?

We may do record volume...and the intra-day chart shows nothing but downside to me, but you guys are my teachers, so I defer <G>

I could see major capitulation tomorrow morning...if we don't get any bounce this afternoon....and we keep dripping down....when the small investor, whose been bludgeoned to death already, get home and see this tonight....I got a feeling that a lot of "sell at the open" orders are going in tomorrow morn...ditto margin sales.....and I don't know who's gonna step in and buy it....

Cisco in the 20's? Holy schmoly...



To: Paul Shread who wrote (38634)12/20/2000 1:57:14 PM
From: dennis michael patterson  Respond to of 42787
 
that;ll hurt my qqqs



To: Paul Shread who wrote (38634)12/20/2000 1:57:56 PM
From: dennis michael patterson  Read Replies (1) | Respond to of 42787
 
Paul, am I nuts to think we're holding this level on the Naz? We've been here and back, here and back a while



To: Paul Shread who wrote (38634)12/20/2000 1:58:42 PM
From: dennis michael patterson  Respond to of 42787
 
ps: AMAT!! That one has legs.



To: Paul Shread who wrote (38634)12/20/2000 2:01:10 PM
From: Joseph Waligore  Read Replies (1) | Respond to of 42787
 
While things look terrible, CSCO does have weekly 200 exponential Moving Average support at 36 3/8.