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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 (5780)	4/14/2001 10:27:55 AM
From: JRI	Read Replies (1) \| Respond to of 52237

Lee...let me clear....I am not saying that the entire up move can't make it to a 50% retrace (of one of the down moves)...and get to 2200 COMPX or higher.......I just have a difficult time seeing the COMPX get thru all the resistance between 2000-2100 right now- in one shot, without some sort of significant retrace (150-200 pts. at least) of the upside since 6 trading sessions ago.... I would expect the retrace to begin sometime before Wednesday, and maybe as early as Monday afternoon...depending on how much up we have on Monday.. It wouldn't surprise me to see the "powers that be" gap this above 2000 at the open Monday...

To: Lee Lichterman III who wrote (5780)	4/14/2001 11:30:00 AM
From: Gersh Avery	Read Replies (1) \| Respond to of 52237

Hi Lee .. Interesting .. >Therefore I suspect the NASDAQ and NDX could retrace about 50% of the January to April 4 drop < This is the only active NDX fork that I can find: homestead.com

To: Lee Lichterman III who wrote (5780)	4/15/2001 1:48:41 PM
From: Casaubon	Respond to of 52237

I noticed many of teh moves where in teh range you stated but mostly averaged around 50% which isn't surprising since that is the Fib range ( 38, 50, 62). Therefore I suspect the NASDAQ and NDX could retrace about 50% of the January to April 4 drop or remotely possible the September to April drop. why do people worry about 1/16 th's and 1/8 th's when buying and selling, when moves are expected to conform to such large percentage changes associated with fib retraces? Not criticizing, just wondering out loud.