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


To: Paul Shread who wrote (12092)7/19/2001 8:35:36 AM
From: Terry Whitman  Respond to of 52237
 
Well, a rising dollar over the last 18 months certainly hasn't been bullish (for the market). It's been bullish for those mainly in cash, but not for equities.

So, from inverse logic, that would imply that a falling dollar should not be bearish for stocks. BWDIK.

Looks like the POG may be heading for the top of the 265-275 range. Short it at 275? <g>



To: Paul Shread who wrote (12092)7/19/2001 9:48:50 AM
From: Stephen  Respond to of 52237
 
This market is a riot - LOL. I would have played a recovery bounce here ... but not the gap up. That's just potentially shorts covering now rather than later today. Are the prices low enough to attract real buyers in view of the news... hmmm... that remains to be seen imho. I would have thought that a gap up is the worse scenario for the bulls ... bwdik.

Besides ... my 'watch list' for stocks I have to buy keeps getting smaller - LOL.

Regards

Stephen