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


To: isopatch who wrote (36126)5/14/2002 5:54:29 PM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
Iso,

I'm at about 35-40% cash after adding longs last week (gotta protect those gold gains -g-). My only regret is getting stopped out of a QLGC long at 46. -ng-

SPX cleared some nice resistance today, and OEX is right under major resistance, so my mental stops get tightened here, maybe to 1091 SPX.

cache.wsrn.com

cache.wsrn.com

Paul



To: isopatch who wrote (36126)5/15/2002 9:39:38 AM
From: Terry Whitman  Read Replies (2) | Respond to of 52237
 
Thanks to the gem-x spammer, I noticed the chart on his thread header of the 1929-1933 Dow Industrials. Check out the 1932-33 time frame in particular:
cache.wsrn.com

The bottom in 1932 was marked by a sharp rally off the lows, and a close to full retracement low about 7-8 months later. Does it look familiar to you? It looks awfully similar to this one 2 me-
siliconinvestor.com

Just a thought. Last year's lows need to hold however, or the comparison is shot. If the pattern is repeated, the NDX would more than double over the next 4-5 months.

BWDIK,
TW