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


To: Jorj X Mckie who wrote (43479)2/22/2003 1:58:19 PM
From: Jerry Olson  Respond to of 52237
 
i disagree here short term...if we take out 855 then we do have o/h R at 860/865 true...but it also means we had buyers at 835 off that 3 box reversal back down...and that potential 870 breakout is very big and not too far away here..

there has been 4-5 days of the markets trying to slam traders only to find buyers and short covering everyday...

i like that pattern...not saying we can't just plunge too..

hence scalping only here and have been for a year..and really loving every minute of it..

it will only makes us all better swing and position type traders on down the road..



To: Jorj X Mckie who wrote (43479)2/22/2003 2:13:54 PM
From: Square_Dealings  Read Replies (1) | Respond to of 52237
 
Four week cycle is calling for the SP500 to be flat to downward bias next week, possibly down hard early in the week. FWIW

M.