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

To: Paul Shread who wrote (40616)	1/10/2001 5:11:16 PM
From: dawgfan2000	Read Replies (1) \| Respond to of 42787

Agree. YHOO starts trading again...at 24, futures down 30+. This would have to be the biggest given considering the recent actions in the industry. Any one caught by surprise here hasn't been paying attention...

To: Paul Shread who wrote (40616)	1/10/2001 7:24:20 PM
From: eichler	Respond to of 42787

Paul, Actually, I wouldn't go so far as to say if we rally tomorrow, the bottom is in. At this point, I only suspect that an IT bottom is in. We could rally tomorrow and beyond, but until we cross around 2640 ($compx) on a closing basis, the downtrend line will not have been broken. Until and unless we break my line-in-the-sand, lower lows can yet be seen over the short term. Having said this, I am seeing enough going on to be cautiously optimistic. Right now, the AH futures are down around 25, which I see as a positive. I would prefer no gap ups for a while, just slow moving intraday advances putting in higher highs and higher lows. I think if the market accommodates, this would give the best chances for a sustained move and an actual change in IT trend. Of course, this could all change in a flash with one swift kick in the negative direction. ggg regards, Eichler