Stock Attack -- A Complete Analysis Message Board

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

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To: donald sew who wrote (26784)	8/4/2000 9:57:33 AM
From: Paul Shread	Read Replies (1) of 42787

I have a distinct bear flag forming on the INDU in the 60-minute charts and a less clear one on the SPX (SPX daily looks clearer, signalling a potential 50-60 point decline when it breaks). Looks like more sector rotation, only this time it's into large-cap tech (breadth was poor on the NAZ yesterday). Will watch the quality of the Nasdaq's rally beginning at 3521 yesterday for clues on that index.

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