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


To: JRI who wrote (40120)1/5/2001 2:42:15 PM
From: adcpres  Read Replies (2) | Respond to of 42787
 
Big sell off coming but not today. Today prices are depressed on light volume. Not my definition of a sell off.
However, I will cash out over the weekend. Higher probability for more bad news before good. GH



To: JRI who wrote (40120)1/5/2001 2:50:19 PM
From: JRI  Read Replies (2) | Respond to of 42787
 
OK- Poll time: Anyone getting out before the weekend? I know, I know, if one is nervous, one should punt positions...

But I don't want any turn here.....Many new highs/new lows probably look pretty good here.....and we are still making a higher low......but QQQ volume is too high for my tastes...

I am reluctant to sell...because how can a 300 pt., 3B share day on the Naz AT LEAST not get us an intermediate rally?
Everyone and their mother called that a short-term bottom (the other day)...What better indicator could there be of an intermediate bottom?

Was Tuesday pure and simple distribution/short covering?