Stock Attack -- A Complete Analysis Message Board

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

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To: Lee Lichterman III who wrote (22357)	12/1/1999 8:40:00 AM
From: Les H	Read Replies (1) of 42787

I noticed the improvement in new highs and new lows on the NYSE. However, they deteriorated on the Nasdaq. Also, it's often the case early in a market decline for some buying of laggards to attempt. I believe the top for this move was a week ago Monday. I use AIQ and the database had a predominant number of individual stock sell signals for sell reversals (83%) and of sell signals confirmed by negative momentum (79%). I usually have intermediate-term market tops when they're both above 80 percent. The October market bottom was a short-term bottom; I had 88% of the stock signals firing long reversal signals. chartcraft.com gave a P&F objective sell on the Dow Monday.

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