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


To: Shtirlitz who wrote (21630)10/14/2001 12:21:57 PM
From: TREND1  Read Replies (2) | Respond to of 52237
 
Shtirlitz
Look at the 3rd chart on my web site.
It compares April-May rise with current Sep rise.

geocities.com

Larry Dudash



To: Shtirlitz who wrote (21630)10/15/2001 7:30:09 AM
From: donald sew  Respond to of 52237
 
Shtirlitz,

>>>> As bullish as you sound after this rally, I want to point out the similarities to the April rally here. Strong short covering and panic buying absolutely not supported by any improvement in fundamentals aside, if you look at the weekly charts, you may notice how similar these moves are.

2 strong weeks of rally after prolonged sell-off, and the slow grind down, which resulted in a new low only 4 month later. If we are still in a bear market, and I see no reason to think otherwise, then this move should produce similar results. <<<<

Basicly for my actual short-term swing trading, I only focus no more than 30 days outward. I do have opinions beyond 30 days, but they seldom effect my short-term swing trading. Now, I previously mentioned that I felt a mid-term(30 day) bottom was set on SEPT 21. 30 trading days would be around early NOV. That was the extent of my prediction.
Often I notice the discussions may be a bit confused due to different timeframes.

As for your one-to-one analogy with APRIL, you could be right. I wont ignore that possibility, but really I dont put alot of emphasis on one-to-one comparisons since they are not statistically viable, and as mentioned above its beyond my 30 day trading focus.

As mentioned often I feel longer-term predictions at best have a 62% probability at best and I feel the same way towards my own longer-term predictions, so I basicly put little emphasis on my own opinions of that sort.