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


To: StockOperator who wrote (1106)2/26/2001 8:41:19 AM
From: StockOperator  Read Replies (1) | Respond to of 52237
 
Does this feel like "sell on the news" or what? If I was long I wouldn't feel so comfortable about all this front-running. It just seems too obvious.

I will stick to my mantra. Regardless of what the FED does prices don't appear to have much room to run. Of course I could be missing something. Yet I feel pretty confident of what I'm seeing.

Good trading.



To: StockOperator who wrote (1106)2/26/2001 3:44:33 PM
From: StockOperator  Read Replies (1) | Respond to of 52237
 
Crunch time here. Dow running into brick wall at this level; MSFT major brick wall; COMPX running into resistance. Now is the time to see if this market has any follow through. Looking at MSFT I have my doubts. We will find out in the next day or two (at the latest) if this move has legs or was just a head fake.