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

To: dennis michael patterson who wrote (38106)	7/19/2002 8:26:39 AM
From: Berk	Read Replies (1) \| Respond to of 52237

Dennis, for this one we may need several covers all simultaneously!

To: dennis michael patterson who wrote (38106)	7/19/2002 9:25:53 AM
From: Challo Jeregy	Read Replies (1) \| Respond to of 52237

copycat -G- Message 17760698

To: dennis michael patterson who wrote (38106)	7/19/2002 10:38:37 PM
From: bobby beara	Respond to of 52237

that's good d, but the downtrend is parabolic in the listed averages, the nasdaq is trying to chum for a bottom, but may be consolidating for a probe to new lows, we may very well me be in a panic liquidation phase that could see a dow 1000 or 2000 point drop in one day, bears are running the show. There should have been a bear cover a few weeks ago, it's surprising there wasn't, in 1998 which was a bull market bottom the nyse summation hit really ugly lows everything was sold out, the nyse a/d line just hit a 2 year high only a few weeks ago, the stocks that have been on the pretty lists have just started new downtrends. If i'm right and your liquid there should be what bob brinker calls MOABO, but it may not happen until later in the year.

To: dennis michael patterson who wrote (38106)	7/20/2002 2:18:38 AM
From: LTK007	Read Replies (1) \| Respond to of 52237

Sorry the cover bit has i feel fallen into the straw of hope in a foul wind category in my view. CNBC will wave it around Monday morning saying well here it is our contrarian indicator, the bottom is in. They did this before already, as this is not the first bear cover since Spring 2000, there have been several. Once CNBC gets on to something as a contrarian indicator, that's usually puts a curse on the contrarian indicator,imo. Max