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

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To: jmac who wrote (3400)	9/25/1997 6:53:00 PM
From: Chris	of 42787

JMAC just updated my charts.. here we go: DJIA -- saw support at 50 day EMA!! DELL -- my stochrsi 34 is beginning to show another divergence curve. please refer to my dell chart (http://www.geocities.com/wallstreet/floor/3097/dell1.gif) [not current data] we might see DELL break downside thru the middle trendline of the channel to test the bottom trendline in the channel, we might also see support with the 21 or 50 day ma.. but dell is getting weaker... COMS -- closed touching the 21 day MA. S&P500 -- also closed touching the 21 day MA what does it mean? well.. it confirms to me that 21 and 50 day ma are very important... what does it mean for tomorrow? well, we might get a bounce.. but keep in mind that if 50 day ma for the DJIA breaks, then we will test 7600... all my opinions.. chris

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