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


To: Lee Lichterman III who wrote (36670)6/3/2002 12:56:13 PM
From: Terry Whitman  Read Replies (1) | Respond to of 52237
 
Looks like you were going to the desert no matter where. The Arabian desert hasn't got much on the California one, really. It's too dang hot and dry in either one. At least you'll have AC in your qtrs in CA tho'. Don't you go Hollywood on us, now. <g>

So you're holding some high yield energy traders, eh? Interesting.. Which ones, if I can be nosy? <g>

T is bucking the trend today. Is the pain over there??

TW



To: Lee Lichterman III who wrote (36670)6/3/2002 1:08:09 PM
From: Robert Graham  Read Replies (1) | Respond to of 52237
 
Looks like COMPX is going to test the low it made early in May. DJIA has already tested support. Wasn't there a Don Sew Class 1 BUY signal? When a buy signal is negated, it usually means a strong move in the opposite direction. I also see bullish sentiment is still alive, with traders attempting to catch falling knives, some traders who should know better. So it is looking like there will be a move further down.

Bob Graham

PS: I think there will be allot of traders trying to "catch the falling knife" coming up since DJIA is at support, and COMPX will be there shortly. We should have a term for this, like BWB (Balls Without Brains) LOL