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

To: StockOperator who wrote (34060)	4/12/2002 5:14:47 PM
From: StockOperator	Read Replies (2) \| Respond to of 52237

What are we seeing in these one day ramp jobs in stocks like SEBL, VRTS, and even MERQ which was on fire today? You think that was panic buying or maybe someone in a big hurry to dump shares. The drama continues. Just briefly looking at some charts there were some ugly weekly closes on a lot of the generals to include the semis. All the while they prop up, in a rabid style, stocks that have been beaten the most. Stocks that just by their previous damage alone offers the smart money the greatest leeway in backing and filling in prices. And more importantly the ability to mask weakness in the overall market. You want to see a do or die situation unfolding, take a look at the charts for the big three (DOW, COMPX, SPX) to see how important next weeks action is.