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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 (13611)	8/2/2001 2:25:02 PM
From: Magnatizer	Read Replies (2) \| Respond to of 52237

Paul you asked for it ;) 1080 then 900s SPX 1382 then upper 1100-lower 1200s NDX 9800s then upper 7000s Dow ht Mag

To: Paul Shread who wrote (13611)	8/2/2001 2:35:48 PM
From: Arik T.G.	Read Replies (1) \| Respond to of 52237

So far the bullish scenario is playing out nicely. >>The classic bullish scenario is we break up from the small wedge today and from the big wedge on Monday, make it to 1750-1790 by Tuesday (making a higher high) then pull back to the broken line from above to around 1720. Message 16136743 However, it's August, one of the statistically worse months, and look what happened to the European markets today: Big outside reversal on the German DAX. USDollar is downhill, and economic data for the industrial sector is already worse then 1991. If Mr. market wants to turn down, making this break a false one (VIX does support a bull trap), then the current down move should be strong today and Friday. MSFT continues to look bad. Bot GM puts today. ATG Edit: Looked again at MSFT and its already better. Good thing I didn't state my opinion on GM chart :)