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

To: TechTrader42 who wrote (10449)	6/28/2001 12:28:46 AM
From: Chris	Respond to of 52237

my main difference and why i was bullish this time around, is that my weekly stochastics is ready for a oversold hook (yes, a BIG move) when we did a KOD, my weekly stochs was overbought and peeling over. right now, its ready for oversold hook. classic example of multitimeframe analysis. perhaps i will do a chart later tonight.

To: TechTrader42 who wrote (10449)	6/28/2001 12:39:54 AM
From: Chris	Respond to of 52237

some other clues: techs releasing earnings warnings BUT not falling down. same scenario before we had a big rally couple months ago. and when i saw the high short interest. which means "market has held up very well with all the short interest PRICED IN already. Imagining a short squeeze". aside from couple weak sectors, look at CSCO, look at ORCL, INTC... THEY HAVE HELD THOSE LOWS OF APRIL. again, i hope im right. mkt hasn't taken off yet ;)

To: TechTrader42 who wrote (10449)	6/28/2001 12:41:44 AM
From: Chris	Respond to of 52237

i was reviewing my trading strategy and was very happy (and lucky) that we had a pre-fomc rally which allowed us to sell into the meeting. after the meeting, i was able to re-enter at lower prices. low risk, profitable strategy. but only if the mkt lets you.