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


To: Trading Machine who wrote (17960)9/6/2001 6:16:41 PM
From: donald sew  Read Replies (2) | Respond to of 52237
 
Trading Machine,

>>>> also with more than a 7% decline to get down here I think you can safely say that this will be retested to some extent also, in fact we may mill around down here for a while <<<<

Thats correct.

Once the main bottom is set, I believe there will be a strong rally that will be a FIBONACCI rebound of the total selloff. Once that is done, there will then be another retest, while most will be saying that the bear market is over.