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


To: Terry Whitman who wrote (37738)7/8/2002 6:30:33 PM
From: StockOperator  Read Replies (2) | Respond to of 52237
 
"Perception is everything. But technically, there are some major support levels right beneath the market."

You're right. Many of my points in my previous post we're just fundamental examples of why so many are behind the curb of where prices are going. But I will say again that its the technicals that keep me riding the side of the bear. It is also why I continue to point out stocks like MANH, RETK or all the other bearish pattern like LEH. These are all a reality now. Negative patterns at a time when so many are calling for a more pronounced upmove. Besides, there is such a lack of respect for that close on the NDX below those Sept. lows. I haven't heard one mention of it on CNBC.

RE: MANH. Just another software company that I follow. (supply chain software....) Not quite sure why they're down in the aftermarket. Probably earnings related.