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


To: Paul Shread who wrote (40639)10/25/2002 7:59:14 AM
From: Jerry Olson  Read Replies (1) | Respond to of 52237
 
Morning Paul

all kidding aside...i am very cautious here and have been this whole rally..

something is sticking in my craw and i don't know what it is..

but as a piffer i am going with the flow playing caboose and watching with my one good eye opened all the time...

there's a near term short trigger at 873 Spooos that could trigger some hard selling...

almost every chart on the 15 min indexs and stocks are in H&S and have not completed the symetrical move as yet..

we have some cycle lows coming in next week...so i will try to buy that dip with stops and see if we can lift off again from a higher low with power..

if we sell off with heavy vol 1-2 days, then forget this rally, it would be just another sameO rally like July Aug...

most P&F indicators are positive at this time...they must continue up...i'm watching them daily...so far so good...