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

To: StockOperator who wrote (34925)	4/26/2002 8:57:57 AM
From: Justa Werkenstiff	Read Replies (1) \| Respond to of 52237

StockOp: I think you insights are valid. This rolling bear market seems to take some to the woodshed while letting others run only to find their way to the woodshed eventually. What is your thinking on the Russsell 2000 and the Midcaps here. Midcaps look to be having some early problems. Certain segments of the small cap universe are strong and overall the group is strong. What is your take on the bigger time frames for these groups if any?

To: StockOperator who wrote (34925)	4/26/2002 5:29:18 PM
From: sean sanders	Respond to of 52237

So, " Hope that helped" It did thanks; just trying to learn a thing or two <g> Sean

To: StockOperator who wrote (34925)	5/1/2002 10:13:47 AM
From: StockOperator	Read Replies (3) \| Respond to of 52237

Now that we got the monthly close out of the way, let me say that nothing has changed about my views of where I see things going. This past month has offered us significant technical damage in charts represented by a broad group of stocks and that damage should be a precursor of things to come. The trek into multi-year lows should continue. More significantly, the past month has offered us a reversal in the VIX, ending the downtrend of the past couple of months. That reversal alone should be a warning that the environment for prices has changed from our Sept 11 intermediate term bottom. Yesterdays trading in LLY brought into light the weakness in it's chart building for the past couple of months...with SUNW's news this morning the stock will be trading into multi-year lows along with ORCL...the breakdown in DIS has already begun...I'm expecting more significant breakdowns in companies like CIEN, KEI, MERQ...while the damage in stocks like AOL and QCOM should just get worse...in other words more of the same. I hate to be bleak but it's just what I'm seeing. Good luck trading. SO Edit: The climate in today's trading sure has changed from the start of my post. I walked away for an hour only to come back to a lot of red. Anyway, good luck.