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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 (28291)1/24/2002 11:21:52 AM
From: Terry Whitman  Respond to of 52237
 
TXT looks good. Similar to HON today. And I was about to give up on that one yesterday.. <g>

Maybe now we get that 500-700 point rally in the Dow I was looking for last week- just from a slightly lower level.



To: Paul Shread who wrote (28291)1/24/2002 11:38:34 AM
From: bruceleroy1_-  Respond to of 52237
 
Dow +96, Nasdaq +29, S&P +7.19 : [BRIEFING.COM] If tuning in to CNBC, you'll find its focus has been on the Enron hearings, but headlines are beginning to cross from the Q&A portion of Greenspan's testimony... Notably, the Fed Chairman said that he intentionally tried to make today's speech sound more optimistic than comments on Jan. 11... However, he also made a point of noting that the markets may be a bit overly-enthusiastic in their expectations for recovery, "assuming a more rapid snapback than likely"....



To: Paul Shread who wrote (28291)1/24/2002 11:41:17 AM
From: Terry Whitman  Read Replies (1) | Respond to of 52237
 
Big reversal in new lows yesterday. stockcharts.com
Another big drop today would confirm.

IMO- we just experienced the mid- bull phase 1, 'drop that fools the majority' . Friday was likely an IT low, and we should see higher highs within a few weeks. The public should remain bearish throughout the 1st phase, and well into the 2nd phase. Wall St. advisors, OTOH will continue to get more bullish until they actually convince J6P to re-enter the market. <g>

Iso's OSX up nicely again today..