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

To: The Freep who wrote (23714)	11/8/2001 11:57:29 PM
From: TechTrader42	Respond to of 52237

If the numbers are lousy, they'll drag out paid professional touts at 8:30 and 10 a.m. to say they're really good numbers, considering (that the "analysts" are either clueless or lying); the economy looks good (if you factor out a few meaningless things such as earnings and jobs and consumer confidence); earnings look remarkably good (if you factor out huge losses and a few special items such as bankruptcy costs); this is a market that wants to go a good deal higher (or more likely wants to collapse into the nearest gutter); this is a good time to buy (to sink good money into yet another hopeless bear market rally); breadth looks good (even though it doesn't), the put/call ratio looks good (even though it doesn't), the outlook is good (even though it isn't), etc.* You wanna see some good candlesticks? Check out the candles on the VIX and VXN. They move inversely to the market, of course. *"You're going to see a cumulative effect of rate cuts and I think you're going to see a huge rally into the end of the year," said David Holzer, managing director of trading at Brean Murray & Co. "There's no return in bonds -- CDs are yielding under 2 percent -- and investors have to switch to the equity market. Money managers are going to get fired if they sit on cash." siliconinvestor.com