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


To: Haim R. Branisteanu who wrote (10582)6/29/2001 6:33:26 AM
From: Jerry Olson  Respond to of 52237
 
Morning Haim

yes i agree...we'll make a slow move into earnings thru July...

however all i see is DCB's on all the indexs so far..no breakout yet...almost everything i watch has broken triple bottoms..they always rally back up...just like triple tops always pullback..

the question is..Will these indexs rally up enough to give P&F buy signals...

i doubt it...unless the Main Coach reverses back up..the NYSEBP..and the OTCBP...

i don;t like the VIX at the third consecutive triple bottom breakdown...not a good sign...if we crash and burn thru the teens in the VIX then we are setting ourselves up for a serious let down...

while i am mildly bullish because of the timeing here...nothing says to me to INVEST all my hard earned dough..NOTHING...

i'll swing trade with stops for now...

hope your doing well..

all the best

jerry