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

To: Lee Lichterman III who wrote (4347)	3/28/2001 8:53:12 AM
From: Paul Shread	Read Replies (1) \| Respond to of 52237

I think Heinz may also have a turn coming on April 6. We need to lure him away from the Clowns... If the NDX gaps down 40 points or so, that would negate yesterday's trendline breakout. There's still the possibility of an inverse H&S if 1670 or so holds.

To: Lee Lichterman III who wrote (4347)	3/28/2001 9:06:21 AM
From: Poet	Read Replies (1) \| Respond to of 52237

Good morning Lee, Personally, I'm relieved to see your confidence in a "pop, drop, and rally" scenario fading. I would think the simplest scenario would be a rollover from the approx. 50% retrace we've just had on the Dow. The NDX's halt at 1750 had me buying puts yesterday.

To: Lee Lichterman III who wrote (4347)	3/28/2001 9:07:40 AM
From: AllansAlias	Read Replies (1) \| Respond to of 52237

The failure to take out the level of the 3rd rate cut looms as historically significant. Aside from the slide beginning in 1929, I think the only other time that 3 cuts did not turn a falling market was that wacky early 1980's period. After the 3rd cut in 1982, we traded sideways/down for 2-3 weeks. Of course, we then got 3 more quick cuts and then 3 more before the end of the year. Discount rate went from 14% to 9%. Remember those rates! -g

To: Lee Lichterman III who wrote (4347)	3/28/2001 2:28:08 PM
From: LTK007	Read Replies (3) \| Respond to of 52237

<If consumer confidence stays high, then they will spend money to get rid of the excess inventories and allow a faster recovery unlike Japan where they stuff thier money in a mattress leaving the US as their only customers. Kind of a bad thing though since consumer debt is at an alarming high.> a bad thing indeed,it is,and has been,a concoction for disaster,the rob peter to pay paul method of "wealth" is creating a vortex that could well suck all the boats the bottom of the sea . BTW, i am on a futile crusade to kill the phrase J6P,i worked in a steel mill in my youth and consumed my share of six-packs with these guys and they are not what you paint them as.The real a-holes are the "yuppies" that play the market,the "i got more toys than you greed brigrade",these are the real suckers,imo. since i can't kill the J6P i will have to create a counter acronym for Yuppies--will be working on it. PaxMax