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


To: Trumptown who wrote (47677)1/6/2004 7:40:15 PM
From: Tom Swift  Respond to of 52237
 
I think January will be surprisingly bullish. I was watching CNBC today and they interviewed a guy that was visibly frustrated that the market is going up (wall of worry). I have ~2090 as the next level for a ST top which may happen this week, but if we can get above 2125 this month, we will be above the LT trendline for the bump and run pattern.

stockcharts.com[w,a]mhclyiay[pd20,2!b20!b50!b200!f][vc60][iut!lb5!la12,26,9!ll14][J19506497,Y]&listNum=1



To: Trumptown who wrote (47677)1/7/2004 8:39:08 AM
From: Paul Shread  Read Replies (2) | Respond to of 52237
 
I'm saying there's a window for a 5% correction in the Nasdaq between now and expiry. Of course, they could just hedge and we go even higher, which might finally give us enough air for a bigger correction.