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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 (38767)8/8/2002 7:21:43 AM
From: Jerry Olson  Read Replies (1) | Respond to of 52237
 
Morning Dennis

LOL hahahahaa what me? bullish?<G>...

well please let me clarify everything here..

1st...we have cyle lows coming in here thru the 12th..i am currently short 3 stocks and will add more today...

yesterday there was a serious divergence in the VXN it broke out, which is negative for the COMPX, however the VIX looks like it's setting up for a serious fall...

i think sometime after the FOMC and the 14th-16th volatility period after the FED we should rally up and into early Sept...

then the slow death march into Macro Cycle Lows of Oct...

so bullish not quite yet as the NYSE & OTC have NOT reversed back up yet...but the NYSE is very close, and the OTC is still a full 6% away..negative for the NAZ stocks..

right now..i am neutral<VBG>