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

To: dennis michael patterson who wrote (6892)	5/3/2001 12:00:22 PM
From: Lee Lichterman III	Read Replies (1) \| Respond to of 52237

I pretty much agree with his view. I noticed the lower volume too. Also they had to gap up each day to get the advances. The intra day moves didn't do a whole lot. That was a sign of weakness also IMO. Still, with so many watching that 11K DOW line and NASDAQ 2255, I think we get another bounce up to take it out before the wave 5 starts. Like Don said, we could go even higher to suck in everyone. Just look how frustrated we were getting yesterday. Imagine how many shorts will capitulate if they hold to NDX 2500 and finally cover. THAT will be the real top before the fireworks. I am trying to get out of my short positions now and get flat again. Good Luck, Lee