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

To: velociraptor_ who wrote (33322)3/27/2002 3:30:16 PM
From: dennis michael patterson  Read Replies (2) | Respond to of 52237
 
Yes, sentiment is not a good tool for exact timing. It is always a caution flag. Based on today's action, it looks to me like the Naz is setting up to crash. By "crash" I mean a single day move of over 100 points to the downside. This index just cannot move up.



To: velociraptor_ who wrote (33322)3/28/2002 8:10:56 AM
From: dennis michael patterson  Read Replies (2) | Respond to of 52237
 
Velo, just read Richard Rhodes' morning letter. He's going short CYMI this morning. Given your remarks the other day about the ending diagonal, this may be a profitable trade.


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