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


To: LTK007 who wrote (1969)3/5/2001 11:22:49 AM
From: Lee Lichterman III  Respond to of 52237
 
LOL, I like that way of putting it. Yes, I just said it could move up here but I don't like "How" it is moving up. ( do I ever? <gg>) AMZN up 20% because of a rumored deal that no one knows the details of. So what, maybe all it is is a link form the WMT web site. MU up on an upgrade as other semis are warning left and right, DRAM is at discount prices and the semi book to bill is in the cellar.

Just when you think the speculators are all gone, stuff like this surfaces again to show we haven't dropped enough to take all the dumb money away.

The stocks that are up the most on my screen are the ones that have dropped the most. This smells of dead cat bounce to me so while I think it could go up a bit, I think we will revisit the lows or worse later.

EDIT - Intra day H&S forming on the QQQ tick chart.

Good Luck,

Lee