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


To: StockOperator who wrote (36964)6/12/2002 10:20:47 AM
From: DayTraderKidd  Read Replies (1) | Respond to of 52237
 
stockcharts.com



To: StockOperator who wrote (36964)6/13/2002 9:35:17 AM
From: StockOperator  Read Replies (1) | Respond to of 52237
 
ADBE spoken of positively,,,,MCHP upgraded by who cares,,, TYC downgraded only to be upgraded six days later by the same guy! More WS garbage. MCHP is about to gap into and start its right shoulder while ADBE should hang in limbo through the end of this quarter before the pressures that be come a blowing. Put all the damage ALREADY seen into context by looking at the ADBE, MCHP, and QCOM's of the world that have not even broken hard yet (in multi-weeks).

At the beginning of this quarter I said that we were going to see huge pressure on prices over the next eight to twelve weeks. That has definitely been true for a whole lot of stocks as well as some major indices. The next quarter is shaping up for more of the same and will likely claim the "reluctant followers."

Good trading.

SO