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

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To: dennis michael patterson who wrote (23556)5/25/2000 1:04:00 PM
From: donald sew  Read Replies (1) of 42787
 
Dennis,

I really dont follow stocks, so Im not away of money flow into stocks.

As mentioned in the update, the NAZ needs to break 3740 during this short-term upswing, otherwise it would produce a LOWER HIGH and that would imply that the downtrend is still intact until we see a HIGHER LOW or HIGHER HIGH. After selling off so much, the 2nd day of the rally is less than 100 points just doesnt seem too strong.

As for the DOW, that just looks weak. Heck, it could be a 3-DAY PATTERN where DAY-3(tomorrow) takes off, but for now it looks weak.
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