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


To: Joseph Silent who wrote (6676)5/1/2001 4:08:34 PM
From: Paul Shread  Respond to of 52237
 
>>can't they be manipulated to break 2300?<<

A trap is certainly possible, but if we can't take out the September downtrend lines and January bottoms, this market will look very weak, IMHO.

I think we'd all know it if the indexes kicked in gear and made a convincing bottom. I haven't seen a run like that since 7400-8600 in late 1998.