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

To: StockOperator who wrote (3100)3/15/2001 4:52:36 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
ADBE up after hours. Are expectations getting low enough?

At some point in a bear market, bearish chart patterns stop working; it's a sign of a coming turn. Not saying we're there, but it's something to watch for with that NDX bear flag that's developing.

Personally, I think this market is set up for disappointment on the Fed news. 75 bp? Good luck. Even if they get it, they'll be scared about what it means for the economy. <ggg>



To: StockOperator who wrote (3100)3/15/2001 4:56:25 PM
From: adcpres  Read Replies (2) | Respond to of 52237
 
SO: Makes sense to me. I for one do not see anything the FED does on the 20th having any LASTING effect on the NASDAQ. Probably will get a pop that quickly dissipates. No doubt about it. The market is in deep dodo and will get deeper. These days I am just trying to scalp. Missed SHORTING CIEN at 75 after we talked last week. Had to be away for a few days and it cost me big on opportunity lost. Try to catch the next one. GH


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