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

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To: Electric who wrote (7140)3/19/1998 11:50:00 AM
From: Chris   of 42787
 
i expect a mkt top in 1-4 weeks. but just solely worrying about now (it's the current time that we are worried about), we are still on weekly buy on djia and naz.. green light for the mkt.

the mkt top comment is solely due to the "topping" signs in my momentum. but until they give a "sell signal", it's full steam ahead.

watch the oils.. watch the oils. i dont know much, but mdco sure is going up..

Subject: Tech Stock Options

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To: donald sew (36996 )
From: donald sew Thursday, Mar 19 1998 11:43AM EST
Reply # of 36998

INDEX UPDATE
-------------------------

Per my earlier posts, have mentioned to watch the NAZ and NDX. The NAZ is now up 9 which is indicating that it is breaking out of its double top formation, and if it closes above then it will give the hint that it is moving up more.

The NDX is now at 1183, so for now it is starting to break out of its head and shoulder formation. This breakout upwards needs further confirmation since 3 points is really not that substantial.

Seeya
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