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

To: Paul Shread who wrote (3148)	3/16/2001 9:27:09 AM
From: AllansAlias	Respond to of 52237

Who which traders are you referring? I'll just keep watching where the money goes. When the commercials start to pull back on their record short positions or Rydex numbers get into anything but very s-t bearish territory, I'll get worried some. Pros on CNBS? Seriously, do they even allow any bears to appear. I never watch it and imo that's a helpful thing.

To: Paul Shread who wrote (3148)	3/16/2001 9:27:58 AM
From: JRI	Read Replies (2) \| Respond to of 52237

Paul, barring a huge up day, looks like we are heading for another down week on both the Naz and NDX.....I believe that makes 7 weeks, and 6 weeks respectively... Although I see the real possibility of a tank with a disappointment of the Greenspan number, this streak has already exceeded the long string of consecutive down weeks, which occured in Sept.-Oct. At some point, that string has to stop....in fact, i wouldn't be surprised if the 7/6 weeks would be all-time record for the Naz... Woa.....Dow futures, Naz PMI tanking now....Dow going back below 10k it looks like....Naz could still gap under 1923...

To: Paul Shread who wrote (3148)	3/16/2001 10:46:56 AM
From: donald sew	Read Replies (1) \| Respond to of 52237

Paul, >>>> My problem is that all of a sudden a lot of the pros on CNBS are saying this is a bear bounce, and we're headed for 1500-1800 COMPX. You can take whatever contrarian view you want, but you can bet that 1500-1800 won't be THE bottom. <<<< I have the 1500-1400 region on the NDX as the main support, which is in line with 1500-1800 NAZ. From a contrarian perspective, it makes sense, so the next MAIN support is 1063 NDX, which was the OCT 1998 bottom. Now that is scary.