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

To: Paul Shread who wrote (5256)	4/6/2001 3:11:55 PM
From: HammerHead	Read Replies (1) \| Respond to of 52237

when msft down more than 2 it will break and i think it will

To: Paul Shread who wrote (5256)	4/6/2001 9:11:52 PM
From: Terry Whitman	Read Replies (1) \| Respond to of 52237

With an immediate reversal today, this is looking ugly. Hope you're not 'clown long' <g> This is all of course speculation, but here's why things may just be as bad as they look: If we don't bottom within the next few weeks (which I still think we do), this could still only be phase 2 of the bear market in the major indices. The yr. 2000 as phase 1, The yr. 2001 would be phase 2, which means this phase would last another 6 months before we get a bottom to it. Then it goes lower STILL in 2002. Pretty scary, but I think the odds are pretty good for this being phase 2 and not 3 if the market doesn't bottom within the next month. Good Luck, TW