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


To: donald sew who wrote (7643)5/18/2001 10:36:11 PM
From: Challo Jeregy  Respond to of 52237
 
Donald -

Im leaning more towards MON for the pullback to start, although it could
start as early as tomorrow.


"tomorrow" IS Monday. <g>



To: donald sew who wrote (7643)5/20/2001 2:57:53 PM
From: SirRealist  Read Replies (1) | Respond to of 52237
 
In light of the good market internals, downtrend in the VIX, recent bullish action in the market, and bullish chart formations(INVERTED HEAD & SHOULDERS/RECTANGLES) I feel that the forthcoming short-term pullback may only be normal/small in size, and another short-term buying opportunity.

Although I am a little bullish/less bearish for the mid-term, Im still bearish for the longer-term. I would not be surprised if the market rallies higher than most expect, which still would not change my longer-term bearish view.


I'm reading a 2-3 day pullback, a new high in mid/late June (pre-FOMC), then a retest of the April low gradually which should bottom in early October.