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


To: AllansAlias who wrote (9779)6/21/2001 1:39:07 PM
From: Chris  Respond to of 52237
 
big picture, this might be a higher low forming on naz..

long term positions ready to move in.
not yet though



To: AllansAlias who wrote (9779)6/21/2001 1:43:14 PM
From: Lee Lichterman III  Read Replies (2) | Respond to of 52237
 
Yep, I was reading the posts on your E-wave thread and you nailed another one when you said earlier that if we could chew through all this resistance here, it would be easier once we hit the cleaner air. Things are accelerating upwards now a bit. Futures are nearing my first buy in point for puts soon so I am going to start watching the TRIN and breadth indicators a bit closer now. VIX is getting a bit exuberant also. I actually have a line in the sand for the VIX around 18 so it could get quite over done though before a reversal would be triggered if one were to only watch that.

Are you still thinking this could be the "C" up here now that the down scenario seems to be dead for the next couple days or is there another count still alive?

Good Luck,

Lee