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


To: Paul Shread who wrote (39786)1/2/2001 2:31:25 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
this weekend, i borrowed one of Hirsch, Yale's trader almanac books from library.

He says, if January effect does not come, then recession/bear market ahead.



To: Paul Shread who wrote (39786)1/2/2001 2:34:14 PM
From: JRI  Read Replies (2) | Respond to of 42787
 
Boy...getting UGLY.....could tomorrow be pretty climatic- intermediate term (on Naz?)...

Paul, I have noticed that climatic type stuff usually happens on Tuesday's (of a normal week)...usually after bad previous end of week, and bad Mondays....Tuesday's often come up as a "turnaround" day...

This week, (with the holiday), Tuesday means Monday....so tomorrow could be a turnaround day of sorts....but, at first, I need to see a depressing close today, and huge gap down, heavy sell open tomorrow....

As stated earlier today, I would love to see Dow go down 500 pts as well tomorrow...

Dell holding up well today....almost at 1x 2001 sales....you should look at AAPL too- 5B market cap, 4B cash....9B (sales, I believe)...and biz is "only" valued at 1B...

Don't have access to "fear" indicators on Naz, but gotta believe they are moving this afternoon...