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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 (5551)4/10/2001 9:16:22 PM
From: Terry Whitman  Read Replies (1) | Respond to of 52237
 
Thanks Lee. That was the triangle I was seeing- if you put a line across the bottoms. Funny how the NYX stopped right at that 600 level I said it needed to get over.

It's been a rough day. My car got damaged in a hailstorm, and my waterbed sprang a leak. Most of my stocks were up at least. <g>

We are again attempting to re-inflate things here. I watch lumber and crude oil and metals for signs, and they all appear to be moving up. Whether that is good for stock markets or not is questionable- good for some stocks, and not so good for many others I suppose.

These one day wonders are something else. I can't see it as that healthy, unless we get some follow through- rising volume AND prices on at least 2-3 days consecutively. That, and a couple of closes over 600 on NYX may have me sprouting some horns.

I'm using some of the cash I've raised over the last couple of years to pay my house off this week, and to pay my taxes of course. No more mortgage! That's a few $ that won't be going into stocks. Probably won't have that big of effect on the market though. <g>

Looks like the cycle turn for monday was a bottom??

Regards,
TW