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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Peace who wrote (30209)9/19/2000 1:45:34 PM
From: donald sew  Read Replies (1) of 42787
 
Peace,

>>>I wouldnt get too excited until NDX 3835 is taken out.<<<

Here are the FIBONACCI REBOUND LEVELs assuming yesterday was the lows:
38% - 3778
50% - 3850
62% - 3922

I agree. I also wont get bullish or less bearish until the NDX significantly breaks above the 3850 region.

For those who are interested with that pattern which had high correlation. It is still on track. Yesterday it became 13 for 13 for producing a strong selloff in the DOW, and now the next step which is the 10 for 12 correlation where the day after is flat or up. As I have referred to in the past, flat = +/- 50 DOW points. I also have that SUB-PATTERN which was 4 for 4 which shows that the DOW should close positive. This one is still questionable, although the DOW did just go slightly positive.

seeya
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