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

To: adcpres who wrote (39936)	1/3/2001 3:17:06 PM
From: donald sew	Read Replies (3) \| Respond to of 42787

adcpres, The NDX just set a higher high(intraday), so I believe the retest has been confirmed, forming a DOUBLE BOTTOM of sorts.

To: adcpres who wrote (39936)	1/3/2001 3:24:08 PM
From: JRI	Read Replies (1) \| Respond to of 42787

Was that the intermediate bottom? Or have we ended the bear? Any guesses? Doesn't the market usually go down the NEXT DAY after such ENORMOUS UP DAYS? I want to join this thing...but, as a rule, I really hate to buy after such an up move...buy at close? I dunno... I would think some "sober types" will worry that this is it for Fed hikes for a while..and that they may take some profit-taking here...also, I would think there is no short-covering bounce at the close today- for they are all blown out.. I know "Don't fight the Fed"..but I also don't want to pay 5% more today for what I can buy tomorrow....still don't know if i'll buy the close..... (Let me moan one more time...I sit here all day, eat lunch at my desk...and the one day I go out to lunch, BAM..it happens...unreal...)