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

To: JRI who wrote (4903)	4/3/2001 11:36:46 PM
From: StockOperator	Respond to of 52237

JRI, how's it going? In all honestly I don't believe there's much they can do. Their actions up to this point can easily be construed as aggressive. Yet the market has not responded. My calls throughout this entire mess have been based off only what the charts have given me. Those trends have been pointing to these lower levels from the very top. Of course I make this comment knowing full well that there were certain points along the way that prices could have avoided these single digit levels. But those were forks in the road that prices did not take. Then again there are times when prices literally have no opportunity to move higher. Like my call throughout the entire 1st quarter that prices would not be running up regardless of the Fed's actions. Which is exactly the way it played out. So yes I want to say that the auto pilot is in control here. That invisible hand in the market that is guiding prices do some predetermined place based off the fundamentals that have alluded so many of the pros on WS.