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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 (11819)7/16/2001 4:13:09 PM
From: Paul Shread  Read Replies (1) | Respond to of 52237
 
>>I would rather have a nice clean C wave count to ring the bell at the top.<<

LOL. It was nice of them to ring the bell a year ago, except for the few morons who needed to get whacked over the head with it.

>>I fear down is easier now that we lost the Momentum of Thursday's move up. With us so close to resistance, I figured if we had a shot at getting through it, we would need to ride that Mo Mo wave to do it. Pulling back first while good in a normal market, isn't so good when it is that strong of resistance IMO. Better to have punched through then retested it from the top side as we consolidated.<<

It occurred to me that getting a sell-off when Don's signals only hit oversold was bearish. Friday's action was pretty ugly, to give up gains and doji the day after The Bottom. <ggg>

NVLS looks okay so far...

An e-wave comment on the SOX from Shack: Message 16083176