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


To: StockOperator who wrote (2551)3/11/2001 10:52:55 PM
From: Michael Watkins  Respond to of 52237
 
fundamentals vs the technicals

My Vote: Technicals win.

I very rarely see a chart where an impending blow up was not in the charts.

Charts provide a completely objective method of appraising something; as long as the appraiser is able to function objectively.



To: StockOperator who wrote (2551)3/12/2001 8:43:58 AM
From: StockOperator  Read Replies (2) | Respond to of 52237
 
Another big week. It's safe to say that things are going to gap down on the open. Watch the mid morning session to see what kind of recovery they can mount. Will those gaps get filled? If not it may give us an idea the pace of the selling for the week. This could be the second gap in a row for the COMPX.

I took a look at a couple of gold charts that someone posted on this thread the other day. It looked like some were at explosive points on their charts. The move looks like it could happen in the 2nd qtr. timeframe. As soon as a couple of weeks. Which would also tie into more of a break of the diamond on the Dow.

Interesting times.