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


To: StockOperator who wrote (37194)6/19/2002 5:46:04 PM
From: sandeep  Respond to of 52237
 
I meant lowest close. Not the lowest trading value in last 2 years. Bad enough imho...



To: StockOperator who wrote (37194)6/19/2002 5:47:21 PM
From: jjstingray  Read Replies (3) | Respond to of 52237
 
It would be nice to finally get some damn capitulaiton in this market. Seems like the market is selectively taking stocks out and shooting them. See Rambus. Biotechs are slowly falling apart individually, ie: Genzyme. I think it will just be a matter of time that stocks like Qlgc, Emlx, Ebay finally get hammered. Until the general public swears off these stock, we will not have a good bottom in.

I do think that we will hold 1445 and rally from there tomorrow. I think the dipster buyers will us that as a bullish case, a double bottom while testing the Sept lows. I just wish we would gap down through it and just run down another 200 points and get it over with. The Chinese water torture is boring.