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


To: adcpres who wrote (2013)3/5/2001 4:26:44 PM
From: JRI  Read Replies (1) | Respond to of 52237
 
Yeah, its easy to lose track of % gains/losses on daily moves..thanks for the reminder..

Still, Naz looked lame to me.....looks like XLNX warning...

I dunno, maybe at some point, the collective psychology to all the bad news becomes "so what"...but it would seem a bit too risky for my tastes to bet that trend based on one day, or even in advance..

I do expect a bit of a bounce next week at latest, and maybe by end of this week...into Fed meeting...I just think we have some more downside early this week...perhaps an intra-break of the critical support levels on Naz, S&P, Dow, Soxx could bring the panic/fear needed for a big-turnaround day?

Without a "turnaround" day...I just can't see where the lift comes for a sustainable rally....and how do we get the power to go thru some pretty big resistance lines on the way up...