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


To: StockOperator who wrote (3311)3/19/2001 9:12:28 AM
From: StockOperator  Respond to of 52237
 
I didn't have much time to post much over the weekend put here are a couple of things worth noting.

We're heading into the final phase of my 1st qtr timeframe. I would expect to see stocks finish their push into lower levels. Quite a few stocks that I follow have already rolled over pretty badly. Personally I won't be doing much until after the Fed announcement. Hate getting sandbagged. The chips this week are crucial. If prices break down from here it will totally confirm a market environment going forward that will be weaker than most people expect. If they hold up then it could get interesting. EMLX is one stock that "looks" like it wants to head higher???? Stocks like SUNW, CSCO, AMZN, and INTC that have actually held up well through the last two weeks have almost no wiggle room here. A big push would imply some sort of breakout - prices rolling over a continuation of trend. Two stocks that I believe will be making a big move soon: BBY and CDWC, both electronic retailers, both charts say a big move is coming. Which way??? My guess is down however that guess is frontrunning and could be wrong. Worth watching.

Good trading.