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


To: horsegirl48 who wrote (1585)3/1/2001 10:46:33 AM
From: donald sew  Read Replies (1) | Respond to of 52237
 
Horsegirl,

In no way does the market look great, but again the NDX is DEFINITELY not going to ZERO, unless one want to include the annihilation senerio of human lives. Im noticing that the negativity is getting high, maybe enough for a short-term bounce soon.

Im not going hog-wild now either, just picking a few stocks here and there which I feel are at/near bottoms, but still keeping a strong cash position, just in case. I will go long strongly if the NDX gets into the 1400-1500 region, with a maximum downside of 1000-1100. In this senerio, if the NDX gets below 500, then Im screwed.