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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 (38148)	7/19/2002 3:21:39 PM
From: Lee Lichterman III	Read Replies (2) \| Respond to of 52237

Posted by Nikko_thyme on Friday, July 19, 2002 - 3:11 pm: Chat Notes: 7/19 1:30 PM Weekly/Monthly Signals: Are lining up as CLASS 1 BUY signals. Daily Signals: (INTRADAY) DOW: OVERSOLD, nearing CLASS 2 BUY SOX: OVERSOLD NAZ, NDX: LOWER MIDRANGE VIX, VXN: OVERSOLD USD: Had a CLASS 1 BUY several days ago, which produced a small bounce, but was a poor response. Donald thinks the USD looks sick. If the market was to continue down Donald's signals may hit the CLASS 1 BUY area by Monday-Tuesday. Donald is holding his short positions over the weekend in anticipation of more down, where the Friday/Monday effect may occur. (That is when Mon. is flat or down, following a down Friday.) Donald is expecting a rally cycle of 21-34 days. If the market rallies up the expected 18-20% Donald thinks the market could sell off again, and make lower lows. Donald noted that a bottom will likely be formed when there is selling across all indices together, not during sector rotation. The new indicator had a reading of 3.75 Bar's, which is close to the reading which occurred in September 2001. =========== I am just going to send my funds to you. I have been so busy, I haven't made anything all week so I will pay you 10% and let you trade mine too!!!! -ggg- Good Luck, Lee