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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 (44144)4/22/2003 11:08:32 AM
From: Trumptown  Respond to of 52237
 
Not yet...I think his timing is off a shade on this one. Planning to fade closer to the end of the month if 1415-1420 holds the day, I'll stay long. If that breaks, I'm gone.

This April is shaping up like there will be one last blow off before it rests...but, we'll see



To: Paul Shread who wrote (44144)4/22/2003 11:48:06 AM
From: Jack of All Trades  Read Replies (1) | Respond to of 52237
 
We got a day or two based on his system no? If we get closing signals wouldn't that take us into tomorrow?

Tomorrow we have Beige book at 2pm
Thursday we have jobless, durable goods, help wanted index.
Friday GDP, Michigan, New/Existing Home Sales



To: Paul Shread who wrote (44144)4/22/2003 1:44:43 PM
From: Compadre  Read Replies (2) | Respond to of 52237
 
Paul,

I would be inclined to agree with sting. My system only gave a sell on one index (NDX). The others are only overbought. I do not put too much weight on it.

As far as the VIX is concerned, admittedly it is very oversold. But it can go a lot lower if history is of any value. I only expect the market to go down for a couple of days and not very much. But then again, I could be wrong too.

I am currently short, but with a tide stop.