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


To: isopatch who wrote (2055)3/6/2001 10:22:23 AM
From: isopatch  Respond to of 52237
 
IMHO we're putting in an Intermediate lo.

Lot's of backing an filling and no big straight up rocket ride this time. This quote form SI market comment this AM adds weight to my own view.

"We are deep into the earnings warnings, but the earnings warnings are hitting deaf ears at this point. This is already old news," said Barry Hyman, chief investment strategist at Weatherly Securities. "The continuing barrage of negative stories is really not going to affect the market. I think it's more or less a good technical rally that is starting."

Bot 6 stocks yesterday and 1 already this AM, by far the most aggressive buying I've done so far this year. Average 75% cash since early Jan till yesterday. Now down to about 60% cash. And plan to add aggressively on any meltdown days.

All JMVVHO of course.

Isopatch