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

To: Neville H. J. Gorman who wrote (40293)10/11/2002 8:36:12 PM
From: Paul Shread  Respond to of 52237
 
Lowry's is leaning toward an IT bottom being in, but not a major bottom.

I think it may be time to buy retests of broken downtrend lines (7600), with stops at wave 1 violations (7460).



To: Neville H. J. Gorman who wrote (40293)10/11/2002 8:58:24 PM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
The last time the market put in back-to-back 80% upside days was August 1-2, 1996, but there were two 90% downside days in July that year, including at the bottom on July 15. The lag here between the Sept. 3 90% downside day and the bottom is very unusual.

stockcharts.com[l,a]daclyyay[d19960701,19970331][pb50!b200!b20][vc60][iLl14!La12,26,9]&pref=G


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