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

To: JRI who wrote (2510)	3/11/2001 2:13:13 AM
From: Square_Dealings	Read Replies (2) \| Respond to of 52237

JRI: dont do it. Message 15482267 Wake up people. Buy gold and US Treasuries, time to protect assets. Sometimes the best offense is a good defense, and now is the time. M.

To: JRI who wrote (2510)	3/11/2001 12:34:01 PM
From: StockOperator	Respond to of 52237

JRI, You're right it must be that bad fish you ate.<g> I would love to tell you that I am seeing bullish signs out there. Again like always each stock trades off the merits of their own patterns. But I am seeing a whole bunch of prices headed for much lower levels. Here are just a couple of things to watch in the upcoming week. CSCO, SUNW, ORCL, PMCS, and NTAP all facing "do or die" positions on their charts; LU has no where to go, a breakdown at this level would push it into the single digits; AMZN has been dodging bullets for weeks, it is now crunch time; RMBS could begin to break more significantly; NVLS, AMAT, KLAC - the stocks wall street has been hanging its hat on for an early recovery are at the stage where their patterns will have to tip their hand whether their price structure overall has been bullish or bearish; YHOO could push lower; SFA could begin to break down hard. These are issues that should be resolved this coming week. Even the COMPX itself could begin a more rapid push towards the 1500 level. We are without a doubt oversold in many areas. Prices are beginning to break some very long term support. Despite that I have to go by what the charts are telling me. More weakness ahead. IMO, bottoms are much harder to find than tops. So I think you have to be open to the fact that prices could snap back hard almost any time. Still things continue to look ugly.