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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 (38955)12/21/2000 11:05:40 PM
From: bobby beara  Read Replies (2) | Respond to of 42787
 
dennis, i see yu got the spirit of the season lol

here's the count babee, it's time to get long and strong.

the nas countertrend rally can be counted from 7.19 or 9.1

since tech is being subject to sector rotation.

either count comes up the same.

from 7.17 u got 1 down 2 up into sept, 3 down into 11.30 and we are i five down now the final capitulation phase.

the other count if you want to make 9.1 the top, 1 down to mid sept, 3 into mid october, from 10.24 you got a five wave ending diagonal that is finishing up now.

u shoulda been long a strong into the close today.

we going back to 3000



To: dennis michael patterson who wrote (38955)12/21/2000 11:24:54 PM
From: Peace  Read Replies (1) | Respond to of 42787
 
The only scenario I think of for an interim rate cut is if the holiday sales reports at the beginning of the year turn out to be disastrous or if the markets embark on another major leg down before the meets next at the end of Jan. I would guess that we have a 30% chance of the first scenario and a much lower probability of the second. Most likely no cuts until the next meeting.


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