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


To: StockOperator who wrote (2410)3/9/2001 12:17:21 PM
From: Michael Watkins  Read Replies (1) | Respond to of 52237
 
So many want to trade against the trend...

Here goes another attack.



To: StockOperator who wrote (2410)3/9/2001 12:49:12 PM
From: john722  Read Replies (1) | Respond to of 52237
 
Paul. Naz Down to Up Volume = 10 to 1.

1 billion shares at half time. Looks like average volume
so far.... 2nd half will tell story. Hard to imagine, but what happens "if" margin selling kicks in Monday a.m.?

Could be shaping up for a Black Monday (I hope not).
Then again, could be a short-covering rally (CNBC practically eliminated that thought by announcing that the shorts are telling them they are covering later...)

I'm buying a few calls just in case (this is the thinking that probably is why we didn't bottom yet....)