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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 (39412)	9/3/2002 4:30:02 PM
From: Jerry Olson	Read Replies (1) \| Respond to of 52237

yes it was too early..and only because of me...i needed to control my itchyness...dumb and dumber..i could see this pullback, but never thought it would be this deep right here... well i'm trying to put them together<G>

To: dennis michael patterson who wrote (39412)	9/4/2002 2:47:25 AM
From: Mike Learner	Respond to of 52237

Based on my study on holders, PPH confirmed a nice sell signal today. It seems this sector has a lot more to correct compare to other holders. Overall, QQQ, DIA, SPY, SMH, PPH, BBH, SWH, TTH, UTH, WMH, BHH, HHH, and RTH all are in sell territories. The above picture confirms that we are still in bear market and any rallies should still be sold until a very nice base is established for few months, IMO. The reward/risk ratio remains higher on the sell side than buy for now. The last leg of bear market should be nasty since bigger players play against each others! Trust between them is not there anymore. FWIW, Mike