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

To: StockOperator who wrote (42509)	2/10/2001 7:30:07 PM
From: JRI	Read Replies (1) \| Respond to of 42787

SO- Does your view exclude sharp comeback rallies (within that sharp downtrend)?....given the oversold nature of the COMPX/NDX, I reckon traders will come in and buy a down Monday (on heavy tick), and ride it thru Greenie's speech (and probably bail before AMAT's earnings)...why would a short hold during Greenie's speech (when he/she can reload right after?).. On Friday, I rambled to Paul Shread that the action Friday looked sick (and the market looked sick)...I still think that, but it still seems when we get too much downside (consecutive), a little upside always comes to brighten the day...just enough to get crushed/mauled/use-your-verb quickly after...

To: StockOperator who wrote (42509)	2/10/2001 7:35:32 PM
From: JRI	Respond to of 42787

SO- Aren't Qcom and Intel (and maybe even Mu) examples of charts pattern that we should see much more of (at any bottom)....if the market has bottomed? Those charts: A bottom looks in place, perhaps retested...but then a good 3 months of sideways action, before the start of any uptrend? These guys (Qcom, Intel, Mu) look much healthier technically than almost all tech Naz.....but that is after 4 months or so of bottoming and basing....