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

To: sirinam who wrote (5954)	4/18/2001 1:21:03 PM
From: jacin	Respond to of 52237

1/3/01...Eom

To: sirinam who wrote (5954)	4/18/2001 1:23:09 PM
From: sirinam	Respond to of 52237

I found: Jan 3 (Edit: Tks Jacin) From Briefing.com: While the momentum is obviously in the bullish camp, the extensive advance today (9.5%) and off the April low (30%) and the somewhat overbought indicators raise some very short term concerns about a temporary pause. Keep in mind that when the Fed surprised the market on January 3 the Nasdaq surged on the day of the cut and part of the next but in the 3 sessions following the move the index dropped 13% on an intraday basis. Further out the aggressive pattern that has developed this month and the bullish long term indicators suggest that the focus should remain on the upside.