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

To: StockOperator who wrote (41529)	2/1/2001 12:22:57 PM
From: StockOperator	Read Replies (1) \| Respond to of 42787

It has been a week or so since my last post. I have been waiting for the close for yesterday bar for clues as to which way the smart money is going to take us. My call over the past couple of weeks has been that the market would sell on the news based off the long term charts of ORCL, SDLI, CSCO, NTAP and a whole host of other stocks. These stocks are more indicative of the NAZ compx which has really been the laggard when compared to both the DOW and Transports. These two indices have performed remarkable well and in the case of the trannies have very steep trendlines pointing higher. Based off of yesterdays close I am even more convinced that many of these tech stocks will be heading lower. Good luck trading. SO