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


To: current trend who wrote (37258)6/21/2002 1:53:17 PM
From: Lucretius  Read Replies (1) | Respond to of 52237
 
the virgin mary



To: current trend who wrote (37258)6/22/2002 12:11:19 AM
From: StockOperator  Respond to of 52237
 
CT,

As far as this year is concerned my work tells me that the things that are unfolding for stocks, especially tech, were predestined to happen. That is why I have been saying for some time now that "THIS YEAR" would see huge pressure on stocks. The amazing thing about TA is that often times the reasons for the melt down get filled by the market as things are unfolding. Who would of guessed six months ago that corporate governance would have been an issue today. Back then we were more concerned with economic numbers that on the surface said things we're getting better. But yet the trends in prices said otherwise. I hate to sound repetitive but that is why I don't believe anything will happen to improve our outlook for prices this year until we drive lower first. It's just not in the charts.

Good weekend.

SO