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


To: Compadre who wrote (48359)3/26/2004 3:57:03 PM
From: Michael Watkins  Respond to of 52237
 
Yeah I see them exiting in futures. Given the move up I'm not surprised that some are bailing to avoid the terror risk, although I'm holding.

What I have is not leveraged - if something big blows up I won't be hit hard if at all.

I'm hopefull that price moves up rather more directly and doesn't futz about with retracements. That would make it far more fun.



To: Compadre who wrote (48359)3/26/2004 11:01:22 PM
From: LTK007  Read Replies (2) | Respond to of 52237
 
Jaime the sell-down starting at 3:17PM today fierce enough for me.
I don't consider your 1430 as broken--it was a but a tiny dent.:)
Also on now seeing how low the volume today was i am thinking a lot MM VOODOO action today( MMs work best in low volume imo).
Strength into 3pm wasn't as strong as it appeared---may change my mind Monday:)
But my conditions for a the downtrend is over were not met today.
Regards your being bullish via weekly---yes, me too, but with weekly that gives us still a potential 10 trading days wiggle room before downtrend is finished,imo.
Let's put it this way, one way or the other, the timeframe for another deep move that goes below 1367 is getting narrower with each passing trading day.
BTW--Matt is getting tough i see, only 3 posts a day now.
I always grab lifetime memberships whenever i can--so i am SI/iHub equal. WL