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

To: Davy Crockett who wrote (13898)	8/5/2001 7:04:08 PM
From: Daveyk	Respond to of 52237

Peter, GE bounced right in the area I expected it too.Look at your PnF chart.A print of 41 would not be good as it would break the BSL.Stocks like GE seldom break thru on the first attempt unless there is negative news etc.How big a bounce,wish I knew cause that's where I'd like to dump it.I figure it's good for 45ish as that would give it a three box reversal before they pull the rug out.Just a guess and any weakness I'm out as it looks sick on my other system other than stochastics which are oversold on the daily.I'd like to see the fast cross the 20 soon or ...sold.ggg

To: Davy Crockett who wrote (13898)	8/6/2001 1:19:37 AM
From: Berney	Respond to of 52237

Sometimes, neither a bullish or bearish position is the most prudent course. Mine, actually, is bullish at this time. However, I'm quick to say that we always have two pivot points facing us, one above and one below. Further, I look at OEX for my principal view. If, if, OEX were to break 600 on a closing basis I'd be wearing bear claws in the split of an instance. If, if, OEX were to break 642 on a closing basis, I'd go blow the dust off my bull horns. In the meantime, this is just all noise. Noise is tough to trade! JMHO from the Swamp Berney