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

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To: Chris who wrote (25836)7/24/2000 10:05:50 AM
From: donald sew  Read Replies (3) of 42787
 
I mentioned previously that I am expecting a bounce in the MON/TUE time frame, but I just noticed that the NAZ did break the TRENDLINE from the MAY LOWs to the downside slightly earlier this morning. Was it just an over-shoot to the downside, or something more ominous. Right now the NAZ is positive and the NDX is leading the NAZ to the upside, so for the very short-term it is positive for now.

If the NAZ closes to day significantly negative, which would be below the MAY UPWARD TRENDLINE, then that would be a negative. Im not saying it will close that low, just if.

seeya
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