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

To: JRI who wrote (2009)3/5/2001 4:01:07 PM
From: adcpres  Respond to of 52237
 
JRI: Could not agree with you more. We are on the same page! GH



To: JRI who wrote (2009)3/5/2001 4:07:31 PM
From: adcpres  Read Replies (1) | Respond to of 52237
 
<EDIT> JRI: Could not agree with you more. We are on the same page! GH

PS Actually the DOW did not run. The NAZ gained more percentage wise. The DOW however had a better STEADY gain throughout the day whereas the NAZ bounced. We have to start getting used to the lower NAZ levels and evaluate movement based on these lower levels. CIEN moving 4 points today is the same as 12 points a number of months ago.



To: JRI who wrote (2009)3/5/2001 4:49:32 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
The market has clearly marked support (10,292, 1214, 2071), but has yet to find buyers at a higher level. So we've got 8 trading days of potential reversals, but with no follow through or confirmation. I'd probably give it a 55% chance of breaking up instead of down, based on the early buying pressure in cyclical areas. BWDIK.


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