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


To: isopatch who wrote (11070)7/6/2001 11:31:18 AM
From: JRI  Read Replies (1) | Respond to of 52237
 
Geez iso, I wonder who's selling giving fund managers are at a record level (%) of stock holding..? <g, ng>

By melt-down, I'm assuming that you are saying today is just the beginning, and not end result....(given 2-6 week timeframe)..

I'm looking for a little recovery next week....creating wedges on everything....just to get broken (down) all over again..

Nice, timely post yesterday (by you)...



To: isopatch who wrote (11070)7/9/2001 7:52:31 AM
From: Arik T.G.  Read Replies (2) | Respond to of 52237
 
Gold comment,

Gold managed to take out the June low only marginally.
Now anything over 272.5 will be VERY bullish.
I expected this down leg to reach the low 260s, and we can still visit there, but chances for that will diminish with each day passing.

It looks unlikely that we'll visit the 255 low, so if that somehow happens, it would require a thorough rethinking.

Dollar index had no follow through on Thursday's move, and looks odd. A possible ending diagonal forming, will be proven if it trades below 119.3 before making a new high.

ATG