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


To: donald sew who wrote (12504)7/24/2001 4:40:37 AM
From: Lee Lichterman III  Read Replies (1) | Respond to of 52237
 
I think the Nikkei just made a tweezer bottom tonight. Down hard yesterday and now up the same tonight. Might be worth a look.

JRI just pointed out that Allan Allias' ending diagonal seems to be looking good for a potential bounce of the 1900 target I mentioned and would keep the "C" of "4" theory alive for that last sucker rally up which would be playable to the long side as long as we didn't over stay our welcome.

Only spoiler for that is futures are moving up slowly to a strong open if they keep going at the clip they have the last few hours. That would make the bounce a bit too early and bring into question if there was another down leg still coming later with the cycles stuck in the middle. That could push a Wednesday/Thursday entry into next week.

Good Luck,

Lee