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

To: donald sew who wrote (5953)	4/18/2001 1:04:59 PM
From: sirinam	Read Replies (2) \| Respond to of 52237

Anybody remember the date of the last surprise rate cut by the Fed in January? Tks Sirinam

To: donald sew who wrote (5953)	4/18/2001 1:05:03 PM
From: Gersh Avery	Read Replies (1) \| Respond to of 52237

Hi don .. could that sell still be alive if we pull back by the close?

To: donald sew who wrote (5953)	4/18/2001 1:21:26 PM
From: donald sew	Respond to of 52237

Here are the FIBONACCI rebound levels on the NDX. I calculated them off of both the SEPT peak of 4147 and the JAN peak of 2772: SEPT PEAK 4147-1348: 38% @ 2412 50% @ 2447 62% @ 3083 JAN PEAK 2772-1348: 38% @ 1889 50% @ 2060 62% @ 2231 Here is an interesting thought for those who believe in the 3 PHASES of a BEAR MARKET. A possible conclusion is that the higher this rally takes the NAZ/NDX the better the chance that PHASE 3 has NOT started, which would be a negative. Heres the reasoning. For discussion, lets say that the NDX easily breaks above 2231 which is the 62% FIB level based on the 2771 peak. That would imply that the correct FIB levels should have been based off of the 4147 peak, which would then imply that the selloff to 1348 was only PHASE 2 not PHASE 3. Again for discussion assuming that such is correct, then the lower this rally is, in terms of not breaking significantly above 2231, the better the chances that PHASE 3 is over. Again if PHASE 3 is not over, the possibility is still good for even lower lows. This exercise is interesting in that if one believes in the 3 phases of a bear market, it is better to hope for a weaker rally(in terms of not breaking above 2231), then a strong rally, so a strong rally is a negative and a weaker rally is a positive. If this exercise is correct, wonder how many can control their emotions and hope for a weaker rally??? I did say this exercise is for those who believe in the 3-PHASES of a BEAR MARKET. If one doesnt believe in such, then this discussion should be of no meaning to them, so there will be no need for one to respond and say that 3-PHASES doesnt always have to happen which is in itself a true statement.