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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 (1803)3/2/2001 12:58:32 PM
From: jkc  Read Replies (2) | Respond to of 52237
 
Paul, would you mind answering a question for me?

I keep hearing about how the 3rd leg has yet to occur. But isn't it possible, assuming for a moment that three legs are an absolute, that last spring was the first, the fall was the second and this last one was the third? Do the people who feel a 3rd leg has yet to appear consider this last downturn part of the fall's leg?

I also hear some people and market commentators insist that there hasn't been enough fear, that a final wash-out is necessary. There's been fear and trembling all the way down...whoever's left to feel fear is too numb...

Thanks. Appreciate all your posts.
jkc



To: Paul Shread who wrote (1803)3/2/2001 1:03:08 PM
From: Trader X  Respond to of 52237
 
Didn't understand the ORCL sell-off

I bet analysts downgrades had a large effect on Oracle:

thestreet.com



To: Paul Shread who wrote (1803)3/2/2001 1:07:07 PM
From: Trader X  Read Replies (2) | Respond to of 52237
 
QQQ rally

I regard this morning's rally back to yesterdays' close just a gap filling move. I'm expecting the qqq to fall back and test the opening lows.

stockcharts.com[l,a]faclyymy[d5][pb50!b200][vc60][iua12,26,9!lh14,3]