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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 (31975)3/11/2002 10:15:42 AM
From: StockOperator  Read Replies (2) | Respond to of 52237
 
Terry,

My post was simply a response to your earlier post where you said "whipped this up for you and the other 140 million skeptics." It sounds like you're implying that this latest move up is more than it should be. I could have said exactly the same thing back in back in 5/01 where the DOW looked as if it was off to races and of course you'll notice that that action offered us a timely reversal. Will that happen again? Who know's. That's what we're all about to find out. But if you reread my last couple of posts you will see that my position is simply a breakout HAS NOT taken place as of yet. To include your posting of that DOW chart.

I have tried to spell out in the simpliest of ways how I am approaching this challenge by the indicies. Weak action in the individual charts will lead to weak action in the indices or vice versa.

Good trading.

SO