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

To: Paul Shread who wrote (383)	2/16/2001 3:30:37 PM
From: dennis michael patterson	Read Replies (1) \| Respond to of 52237

Paul, on the COMPX, would I be wrong in saying we HAVE to turn here, or close to here? See DIcks Arms. Most unimpressive

To: Paul Shread who wrote (383)	2/16/2001 3:30:42 PM
From: minorejoy2000	Read Replies (1) \| Respond to of 52237

That Jan lows line-- We gapped up yesterday, down today, both Wed and today in basically the same ranges, except we bounced harder Wed off that line, which I had thought of as just overshooting the 2400 support a bit, and then today again bouncing off 2400. Except for the minor differences, you might say that gap up (Ciena guidance)= gap down (Nortel big miss). I think it could have gone much worse. There is something positive to see in that the market didn't take the big bad news all that badly, comparatively speaking. After CSCO and so many others hit us with pretty bad stuff, the market must be getting used to it. I think it might take a war to see new record lows at this point. Hope those aren't famous last words. M