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

To: waverider who wrote (7570)	5/17/2001 12:59:58 PM
From: Trumptown	Read Replies (2) \| Respond to of 52237

<<And the value of this particular post?>> - and the value of yours?? geez...take a little emery cloth to those edges... The point is, sidelined cash and open short positions are relatively high. With that being the backdrop, how long will they, you, whoever watch the market creep higher until shorts are covered, and would be longs begin to buy...COMPX is slowly moving in on 2250... Since this looks to be a relatively orderly advance, a good test of that resistance soon be under way... Everyone expected 'sell the cut'...now many are expecting a low summer, etc. The ingredients are in place for a summer rally...albeit rare...but, they happen. On the other hand, if it doesn't get thru 2200 and hold soon, compx is in trouble (likely h&s). SR