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


To: dennis michael patterson who wrote (15750)8/18/2001 2:51:33 PM
From: bobby beara  Read Replies (3) | Respond to of 52237
 
dennis, the market sure looks like it should bounce some early next week, you got your heavy put buying, 80% downside volume, an L appearance, but if you look at the breadth oscillators on both naz and nyse, they are not oversold as larry mcmillan noticed, we are just coming out of a trading range.

here is my chart du jour, citibank playing footsie with it's 200 dma, follow the bouncing red and green arrows -g-

"http://stockcharts.com/snapshots/1286657.png

and tell me if you see a larry, moe and curly top goin on there, with the right shoulder curly rally failing on july 2nd when the vix bottomed out, ok maybe the vix isn't as bad as i thought it was -g-



To: dennis michael patterson who wrote (15750)8/18/2001 5:09:11 PM
From: Lucretius  Read Replies (1) | Respond to of 52237
 
i'm here, and yep i am still short dhell... i'm sure we can muster some sort of bounce in front of the fomc... go ahead and buy you a few shares if you want to try and guess the bouncs with the other guessers. be my guest.

interesting that you bot dell at 22, since it hasn't been there since april, and then only for a day? i'm short at an average cost of 27.25

i'll be sure and let you know when i cover if i do.

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