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

To: bobby beara who wrote (33247)	3/27/2002 8:42:05 AM
From: Terry Whitman	Read Replies (4) \| Respond to of 52237

You couldn't call a bottom if someone handed you the phone and dialed the number for you! <gg> I added to longs yesterday. I'll probably add more today. It's obvious to me that interest rates are going up and the economy is inflating. Get yer specs out and check out what the 10 yr. note is doing- quote.yahoo.com^tnx&d=c&k=c2&p=m50,m200 March doldrums beget April craziness. Especially in Indiana where the IU basketball team is in the Final 4 for the first time in a decade. Eat your heart out Booby Knight. BTW- Tops are harder to call in Bull markets, and bottoms are harder in Bear markets- unless its a honking big Rosie O'Donnell bottom like last september. hoho

To: bobby beara who wrote (33247)	3/27/2002 8:54:47 AM
From: ajtj99	Read Replies (1) \| Respond to of 52237

Bobby, I was referring to the bottom on Monday, not the bottom in February. My entire questioning has been the validity of the bottom on Monday and if there are any signals that may point us to another drop to lower support, like NDX 1380-1400. By the way, I'm no e-waver, but looking at that put/call chart, if you get a 5-wave move from here, I don't see how that works with an uptrend. The put / call was at 0.66 yesterday. If you are implying that the 1 will be down, we'd have to hit 0.45, which is extremely bearish. If you're implying that the 1 will be up, that would indicate the market is going to drop. Furthermore, if 1=3, then either the run up will be short or the run down will be short.