Stock Attack -- A Complete Analysis Message Board

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

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To: dennis michael patterson who wrote (23165)	5/18/2000 9:31:00 PM
From: bobby beara	Read Replies (1) of 42787

dennis, csco closed below the 4/14 closing low, be careful here the nasdaq is in danger of going down to the next support at 2900, asian indexes have also closed below 4/14 panic lows. the nasdaq is very oversold on many measures, but there is no volume and no real buying interest at these levels, usually we have rallied off rate hikes, this time th oex rallied into the downtrendline off the 3/24 top and reversed on greenie day, it looks like a visit back down to the bottom of the oex triangle which means a lot of tech leaders may be breaking below 4/14 lows, big cap tech is the oex/spx. b

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