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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 (19011)	9/17/2001 1:57:49 PM
From: Stephen	Respond to of 52237

Paul, re trin & trinq ... I agree .. combined with what I am seeing with the tick I find it quite alarming. This market is being supported ... without the selling pressure being allowed to get too intense. At the same time, after the initial trading move, there aren't any buyers of note. I think they will try and hold it together today ... but if they don't there could be a big whoosh downwards. Maybe some tape painting at end of day ... but I doubt it will help going forward as there is still money that wants to leave the market. I guess prices aren't cheap enough to encourage buyers ... it just doesn't look too good. I have no idea at this time what will turn it ... but perhaps the PPT are looking to put in some kind of concerted effort later in the day ... ?. Too dangerous to trade long at this point imho ..... Regards Stephen