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


To: Terry Whitman who wrote (7332)5/10/2001 11:44:58 AM
From: Chris  Respond to of 52237
 
yes, agree.



To: Terry Whitman who wrote (7332)5/10/2001 1:03:59 PM
From: isopatch  Read Replies (1) | Respond to of 52237
 
Terry. We've come from 9100 to 11,000

with very little corrective action.

This is a VERY powerful rally.

But I'd like to see come consolidation. Then bring em back on for another leg of upside.

However, my experience with rallies like this is that they don't give the sideline money easy or convenient entry. Most who've been waiting to buy will be forced in at higher prices. It always works that way. So I agree with Don that any correction will not be large.

Hard to put a number on it. But looks like mid 10,000s on the Dow maybe lo 10,000s on a quick move down for MMs and specialists to pick up more inventory.

Gotta get back to reading the tape. See you guys later.

Isopatch