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

To: HammerHead who wrote (4359)3/28/2001 10:25:42 AM
From: dennis michael patterson  Read Replies (2) | Respond to of 52237
 
I cannot figure out these money managers. But down 300? I may buy some at that price. My problem now is that I lack a plan for managing this stuff. Other than reading Heinz, of course



To: HammerHead who wrote (4359)3/28/2001 10:34:18 AM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
It could still go lower, but so far the NDX is holding the right shoulder of the potential inverse H&S. Hard to believe it will hold on a sell-off of the magnitude, though. Alleged leaders like JNPR and CSCO are setting new lows.

On the yield curve, the 3 month/1 year inversion is at its widest in three days (.10), so that's a negative. Looks like another 1/4 point from the Fed may still be needed.


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