Stock Attack -- A Complete Analysis Message Board

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

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To: David Weis who wrote (25834)	7/24/2000 9:52:13 AM
From: donald sew	Read Replies (2) of 42787

When the DOW was down about 50 points I got a CLASS 2 BUY signal on the DOW and a firm CLASS 1 BUY on the SPX(intraday signals). The NAZ and NDX are only in the lower midrange bordering on oversold. If the overall market closes near/at the intraday lows I will get a CLASS 1 BUY on the SPX on a closing basis; therefore I will probably go long a small position in either the ULPIX(long-SPX) or the UOPIX(long-NDX). Keep in mind that if I do go long at todays close it will only be for a short-term trade, since Im more bearish than bullish in light of the various BEARISH WEDGES, but still expect a bounce within the parameters of the BEARISH WEDGES

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