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

To: Chris who wrote (33584)	4/2/2002 11:43:45 AM
From: dennis michael patterson	Respond to of 52237

I find the FA picture quite mixed. But agree, technically, we seem to be holding. This is a recommendation to buy and sell.ggg

To: Chris who wrote (33584)	4/2/2002 12:28:59 PM
From: TechTrader42	Read Replies (2) \| Respond to of 52237

The thing is that some of your indicators have been indicating downtrends -- at least from what your notes have said. And your MACD indicator has been in a downtrend for the Naz and Dow. Right now, it may be headed for a KOD with the Naz. I think it's a good trend-following indicator, and I don't think it's been lying. It's been saying what I'm not allowed to say on some threads: DOWN. (OK, fire away, folks. I said it, and I'm deeply sorry. I didn't mean to offend. I know the market can't go down, and I never meant to suggest that it could. I'm turning myself in to the SI censors. It's an inexcusable violation. Your hot tech picks will go up forever. It's inconceivable that they could do anything else. In 50 years, they'll all be back at the prices you paid for them before the crash.) I don't know what bullish signals you're seeing. You must have a dead cat bounce indicator. (Hey, I'm just kidding.) Things should get interesting if the Naz breaks under 1800. Then we'll have the beginnings of a nice panic. The analysts (pitchmen) were really workin' the infomercial channel yesterday, pushing their tech picks. Possibly another sign that the rally was in trouble.