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


To: StockOperator who wrote (37203)6/20/2002 9:33:08 AM
From: StockOperator  Read Replies (2) | Respond to of 52237
 
A quick note before the trading today. QCOM in the premarket, finally showing its hand. The other day I mentioned the h&s on the transports. Check out FedEx, same thing applies. Both have traded positively lately, but don't "buy" the action. This pattern has proven to be ultra reliable the past two years. My guess would be that the pressure for these two as well as FNM and LEH will come next qtr. Check out JBL to see that there are still stocks out there that have not shown their hands. AMZN and MOT (which was spoken of positively yesterday) are both in situations similar to my comments about DIS weeks before it finally broke down. I would watch both of these companies here to see which way they break. All unresolved issues.

Profitable trading.

SO