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

To: isopatch who wrote (32380)	3/18/2002 12:58:09 AM
From: bobby beara	Read Replies (2) \| Respond to of 52237

damm, iso do you remember me asking you if this was the bottom of at the pump prices a while back when they were at 89 cents in my area, fark they have gone bonkers in the last few weeks, now 1.49. -gg- nobody can predict the future like miss cleo, but you can predict the point where you will be wrong (stop)

To: isopatch who wrote (32380)	3/18/2002 7:15:19 AM
From: Arik T.G.	Read Replies (1) \| Respond to of 52237

Weekly comment This week is going to be very important to gauge future trends. My course of action will be to short every advance in the NDX and SOX, short the S&P as close to 1180 as possible (edit: after it confirmed it's not a runaway market by making an Ending diagonal or something, will update later this week). S&P 1152-55 area held, 1180 still the target area. That could be the best shorting opportunity of this year, or just a ST top. By the look of the Naz I take the former. Naz The gap down on the 12th completed an island reversal, a candlestick evening star and came right on with the completed textbook 5er on the SOX. Evidence are beginning to mount to support the idea that the Naz / NDX / SOX have already seen their highs for the year. The SOX gives the best picture and prediction If the SOX takes out the recent high (641.9) then the 28% rally was a beginning of something, and this something could be huge. This is highly unlikely IMO, from a LT non TA view looking at 2000 valuations as once in a lifetime event. But still, it's a TA possibility, however remote in my eyes. OTOH if the SOX breaks the recent low from which the 5er began (500.5) then it proves the recent rally to be the exhaustion of the entire move from the Sep lows, and will imply that the LT downtrend took the reigns again. This scenario has the better probability IMO and has gathered TA evidence last week as mentioned above. Gold Confusing behavior ST. The 288.7 low in the April contract is still holding but I am in the dark. Weekly chart still no problem LT up trend will be questioned only under 272. ATG