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


To: donald sew who wrote (40454)1/9/2001 3:41:58 PM
From: JRI  Respond to of 42787
 
Don, if we finish between up 20-40 on Naz today...any thoughts to that? Is that good enough to be considered confirmation of yesterday's action? (and add a positive bias for the near-term?)...or is that (combined with average volume) not strong enough....

Real battle today on Naz/Dow...Naz wants hard to stay up there...Dow trying hard not to tank...



To: donald sew who wrote (40454)1/9/2001 6:16:17 PM
From: James F. Hopkins  Respond to of 42787
 
Donald: I may take a week or so off..I eased out of the
back door on the close.
While the inside of the NDX is showing good signs
of a stealth type build up it could take some
time as bears are coming out of every hole
in the woodwork.

Most all the selling today was shorts they seem
pissed off that the market won't go to zero.
Still my late rally fizzeled ( I only scalped a 1/4 pt )
and we have another situation I don't care to
fight.
Full Moon and Perigee on top of one another.

I've done my home work on the Moon phases and while
they are not worth betting on and can be wrong
a lot of times unless I see some other strong signs I
won't BET against them.

In other words I don't use them to place bets,
but I will put off making some unless other
TA is real strong .

The week after Full Moon & Perigee shows most
often as down..while after New Moon and Apogee
is more often Up. No hard fast rule to it but
there is enough data to support adding it to
the soup.

I didn't give up all my longs as most are in good
shape but I did close UOPIX for a 13% gain on it,
however I had some gains from short QQQ and
flipped BHH as well as CMRC as well as some long
QQQ to make up for some of what I didn't gain by
not selling her Friday.
-------------

I feel more bullish than bearish just not enough to
fight the full moon, I'll be back by Jan 24th
Good Luck
Jim