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

To: Michael Watkins who wrote (48904)	4/23/2004 7:18:07 AM
From: Jerry Olson	Read Replies (1) \| Respond to of 52237

Hiya MIchael well i always think "outside the box". While everyone was wringing their hands during this pullback i was predicting we were going to rally. Why? because the street was scared of Greenspan's meeting on the hill on Tues and Weds. Once the news was out that he WAS going to raise rates, it became OLD NEWS. The uncertainty sent the market lower ahead of that meeting. On tues MIchael that spike down late was on feeble volume trapping the bears. I think diabolical like T-LO always talks about. So it manholed reversed the very next day on much higher volume and then followed thru yesterday BIG! we had 2 buy signals on both futures charts yesterday changing the trend back to postive. While a lot of traders use only candlesticks i use Point & Figure too. So you see my old friend i took that plunge long and so far it's working nicely.. hope you and T are doing well best regards jerry