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

To: TechTrader42 who wrote (8170)	5/30/2001 10:57:16 AM
From: Paul Shread	Read Replies (1) \| Respond to of 52237

I'm not sure we can call a break just yet; I haven't seen a firm lower trendline (three daily touches) form on anything yet. Barring a clear trendline break, I don't go psychobear unless we break 1200 SPX or 2000 COMPX. That said, just about all the index support that marked a potential bottom is shot at this point (necklines and downtrend lines). A tough one to call, IMHO, and could still turn up, similar to last July/August. If this is a wave 4 up or the bear rally before phase 3, shouldn't it last as long as the May 25-Sept. 1 rally a year ago?

To: TechTrader42 who wrote (8170)	5/30/2001 1:34:47 PM
From: Raymond Duray	Read Replies (1) \| Respond to of 52237

Hi Brookelise, Re: And yes, "they" are welcome to post here. Are you welcome to post there? That's the whole thing, isn't it? I like where you are headed with this. But there's so much more, things like MaxPain(TM), Single Stock Futures, the Plunge Protection Team, MOC orders, just to touch the merest tip of the iceberg we call a stock market. As you so clearly suggest, the houses have honed the skill of completely "reading" the retail investor, and have successfully figured out how to not only read the game but to also write the script. They got everyone in the circus tent this time, with their retirement money, no less. What retirement? ;) Ciao, Ray :)