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

To: Terry Whitman who wrote (28585)	1/29/2002 9:43:19 AM
From: Paul Shread	Respond to of 52237

Shack has the CRB ending its 5-year bear market sometime this spring in the 170s - that would just hang on to the 30-year trading range (173). The alternative is that it is nearing the end of 3 of 1 down, which seems a little extreme. I guess it could be in a 5 of A down, which means we still have 5 more waves down to come after a countertrend correction. Hopefully Shack will chime in and makes this post intelligible. ;-) stockcharts.com[l,a]maclyyay[pb50!b200!b20][vc60][iLl14!La12,26,9] I think the most likely scenario is that it is nearing the end of an ABC correction. If gold stocks continue up strongly, then we are definitely in a wave 3 up. Drop, clownbuck, drop! -g- Certainly a falling dollar might end the CRB bear market. Ahh, it all comes together... MRK up nicely; so far holding 57 support. My biggest position. Boy did I blow it on TXT. Up another buck today. TYC down again today; another call I didn't benefit from.