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

To: dennis michael patterson who wrote (4620)	4/1/2001 8:00:17 PM
From: JRI	Read Replies (2) \| Respond to of 52237

I tend to agree with the conclusion....that downtrend from February is so freakin' (excuse the language, prof) harsh....don't know if this is technically logically, but I tend to think it has to end in a downside blowoff day or two, in order to get the strength to get up and over with authority. Without a catalyst, just to pop above that line, and swim easily thru resistance? I just don't know.. The big problem, I continue to maintain, is the Soxx/equipment makers.....AMAT (the stock) is toast now....51-52 in an impenitrable wall, IMO......next 3 months can only be chip companies warning of slower cap ex plans ahead....MU is levitating still...their quarter was horrible....like Don, I think the Soxx has to be strong for Naz to rally....and i just don't see it here..