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


To: JRI who wrote (926)2/23/2001 12:20:23 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
Yup. We sure look broke here. Funny, CNBC keeps talking about 1527 SPX as the high, the close. I guess no one bought at 1553. ;-)

A close of 1221 gives us an official bear.

Funny - volume is so far lower than yesterday, despite CNBC saying people are puking.



To: JRI who wrote (926)2/23/2001 12:40:46 PM
From: adcpres  Read Replies (2) | Respond to of 52237
 
JRI: CIEN holding its ground today so far. Not whipsawing like yesterday. Seems like a good SHORT here but if the FED should appear around 2:15PM with a preemptive strike like it did in JAN. one could get killed. The day is feeling like it did Jan 03 before the announcement. Makes me very nervous -- breaking out the MALOX. Just one of those feelings.

Usually CIEN follows the COMP and one would expect it the visit the lows again today based on past behavior. Very puzzling. GH