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

To: NucTrader who wrote (41972)	2/4/2001 3:37:05 PM
From: StockOperator	Read Replies (1) \| Respond to of 42787

NucTrader, There is heavy resistance in front of this market. Over the past couple of weeks I have been talking specifically about a couple of stocks mainly because their chart patterns have been the easiest to read. But as the last month has shown it is definitely a stock pickers market. This volatility is a god send for anyone able to correctly read the one to two week swings in prices, especially when playing the options. But getting back to stocks like ORCL, SDLI, and JDSU based off their charts they are not going anywhere at least through the 1st quarter of this year. And of course if we break those old lows (and push lower) you almost have to place a completely different spin on what impact that has on the economy going forward. Like you I also agree that the DOW will be facing significant pressure to break one way or the other. Regards, SO