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

To: StockOperator who wrote (1546)	3/1/2001 1:24:53 AM
From: Sam Sara	Read Replies (1) \| Respond to of 52237

Things do look grim, but I have not shorted recently because of extreme oversold conditions on Naz. Nothing goes straight down, there should be buyers at 1900 or so. Unless of course we have the bad luck of being at the abyss right now, where technical analysis gets thrown out the window in a selling frenzy. I have seldom been more unsure of where we will be a few weeks from now. The inability of trend lines to hold for tech stock after tech stock is amazing. The smart shorts covered near 2150, and it was a pathetic bounce. There is a contingent of professionals that thinks it is no different this time- the fed will ease, and look past the doom and gloom, play the business cycle, buy into the weakness here in select sectors. That may prove to be enough to support the SPY here. The Naz is just a wounded animal. I am sure this is just one unbelievable nightmare for many people out there, and the game is far from over. Just when it is darkest, the Naz will bounce, and crush a few more people. Take your pick: 1900, 1750, 1500, the lines are there, place your bets in the biggest casino of them all.

To: StockOperator who wrote (1546)	3/1/2001 1:29:55 AM
From: JRI	Read Replies (1) \| Respond to of 52237

Anyone have Arthur Hill, formerly of Stockcharts.com, new URL? TIA EOM

To: StockOperator who wrote (1546)	3/1/2001 2:26:34 AM
From: JRI	Read Replies (1) \| Respond to of 52237

Can you give me a reason NOT to short AMAT/NVLS tomorrow? TIA EOM

To: StockOperator who wrote (1546)	3/1/2001 6:34:47 AM
From: Michael Watkins	Read Replies (1) \| Respond to of 52237

ottographs.com If VIX / RSI(5) of VIX is useful, once again, I would expect that resolution of your scenario is at hand. Resistance on SPX is clear on this chart; the swing low (I hesitate at calling it 'support'!) is in sight for a test today. NYA is also within a days travel distance to testing a significant swing low that defines a 5 month range. ADX on this last lengthy swing down on SPX, NDX, NYA is rising in a manner consistent with a strong trend. All the ducks are lined up for a quick move down today or shortly thereafter.