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


To: Rarebird who wrote (15780)8/19/2001 3:23:23 AM
From: Teresa Lo  Read Replies (5) | Respond to of 52237
 
Sure, and the reason I am intrigued is because people now are so sure that it is going to continue down. This compares to the top, when they were so sure that it would continue to go up.

If things look so bad, what are they waiting for? A break of the April lows to sell? If I had these convictions and traded off fundamentals, I'd exit, pronto, and wait no longer. But since I do not trade on fundamentals, I only have price, volume and psychology to guide me, and my question is that is has looked terrible for weeks on end, yet this darn thing doesn't go down with a big whump. What are they waiting for? An invitation?

T.