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


To: JRI who wrote (42183)2/7/2001 11:23:24 AM
From: Dana Johnson  Read Replies (1) | Respond to of 42787
 
Its the 8-10 record session candle pattern...



To: JRI who wrote (42183)2/7/2001 12:23:32 PM
From: SpecialK  Read Replies (1) | Respond to of 42787
 
JRI, Re: SCMR

Whether you talk about stocks/ markets, bear markets are continuous slow decline, with a sharp bounce up.

I would say (obvious) that it's better to be short in a bear market. When the sharp bounce comes, hard to tell.
Seeing the continuous decline, it's a better strategy to be long.

I have been following SCMR and just watching it go lower day by day, wondering when it will stop. I fear the action is telling us something. Maybe we pop to 28-29 by the end of the week, it seems that this may have a surprise ala FDRY back in December, when it came to these types of levels and then had a gap down to 17-14.

Good luck, be careful, place your stops.