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

To: Lee Lichterman III who wrote (9998)	6/23/2001 12:48:33 AM
From: Dealer	Respond to of 52237

Wow! Looks like my studying charts lately is paying off...:-) I would like to say it's headed North but after taking a good look.........I'll just say that is really spooky.... Thanks for the insight. dealie

To: Lee Lichterman III who wrote (9998)	6/23/2001 1:12:13 AM
From: Chris	Respond to of 52237

bullish. resting right abv horizontal support. let us know:)

To: Lee Lichterman III who wrote (9998)	6/23/2001 12:04:06 PM
From: eichler	Respond to of 52237

Hi Lee, Can't resist games/puzzles...thought I'd take a shot at the chart predicting future movement... Hard to get perspective and scale on the chart without price references...also my printer is broken and without printing the chart and drawing trendlines, just eyeballing approximations of how the chart appears to me... (enough excuses already! -ggg) Looking at time and trying to figure in E-Wave structure for what is visible (I'm only just learning E-Waves so sorry if I butcher this!) it appears that Jul-Aug 2000=Wave 1, Aug-Sept= Wave 2, Sept-Dec=Wave 3, Dec-Jan=Wave 4, Feb-April=Wave 5. It also appears that this large up-move trend was broken with the action of April-June 2001. Just eyeballing the chart, it appears the trend breaking action of the last months is roughly a 1/3 of the complete up-move, approximating a 38% fib retrace of the entire July 2000-April 2001 move up. I would now expect another push upwards near the top dotted line on the chart, where the uptrend seemed to end to retest the break-down point and put in a double top of sorts, before another move downwards that would then have a target of roughly 1/2 of the distance of the entire up move, which should correspond roughly to the lows of Jan-Feb 2001 on the chart. After that, another push up to test previous support at the May 2001 lows, then downwards again after that to put in the 62% retrace of the upmove. Looking at the extremely bullish movement during the time period considered, I would guess that this stock is in the energy sector. I know, one heck of a lot of speculation of a hypothetical or unknown chart....but a good exercise anyway even if I'm a thousand miles off! It'll be interesting when you reveal what chart that is and then see how it plays out. Thanks! regards, Eichler

To: Lee Lichterman III who wrote (9998)	6/23/2001 12:56:19 PM
From: Gersh Avery	Respond to of 52237

Looks like one of the gold stocks ..

To: Lee Lichterman III who wrote (9998)	6/23/2001 1:49:23 PM
From: Paul Shread	Respond to of 52237

Tough call. Looks like a breakout of an inverse H&S pattern and is sitting right above the neckline. My guess is next move is up. However, it's at one heck of a pivot point, and could also be testing the neckline of an H&S top, so I'd get the heck out of there if it doesn't hold this support. A lot of energy around this level either way. (How's that for hedging my bets? -g-) It does look like it's trying to round up, though, so I'll stay with my opinion that the next big move is up.