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

To: velociraptor_ who wrote (2090)	3/6/2001 12:51:40 PM
From: JRI	Read Replies (3) \| Respond to of 52237

Perfectly trap..you ain't kidding...even most hard-core bears were steppin' to sideline...weren't commmenting...some had gone long this morn... Key, I think, is Naz getting dragged into its gap...if it does get in there....some buyers of tech today will get nervous, shorts may get emboldened...and...the pressure will really be on.. Naz has hung in there really well (given Dow decline)..

To: velociraptor_ who wrote (2090)	3/6/2001 2:26:23 PM
From: JRI	Read Replies (1) \| Respond to of 52237

This is about the time, 2 weeks ago, that that rally fell apart- setting up island reversal...if I recall...it was the Nortel news- earnings- warning that "officially" came after the close (but someone obviously knew.....and played...heavily selling Nortel starting around 2:20-2:30 PM)...everyone saw this, knew bad news there...and sold... Dow about at previous lows today...will it rally off? Don't see how Naz stays above gap if Dow goes to 0... Let's see what the 2:30 ramp brings..