Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Terry Whitman who wrote (28742)	1/30/2002 10:02:47 AM
From: Paul Shread	Read Replies (3) \| Respond to of 52237

>>Have to admit there is another possibility- but since I'm not positioned for it- I don't wanna talk about that one. << LOL. I'm not too worried about you. You've been one of the most flexible traders on SI in the four years I've known you. But tell me anyway - what is that possibility? -g- I think there are three here - a small ABC ending around Dow 9k; a big ABC testing the September lows; or the start of a very nasty 5-wave leg down to the 6000-7000 area. On GDP, it seems advance readings always come in on the overly positive side. By the first revision, once December current account deficit and inventory figures are added, it will likely be a negative number, maybe even down around initial estimates. The big surprise was mostly due to defense spending and auto purchases, by the way.