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

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To: James Strauss who wrote (26921)8/7/2000 1:05:35 PM
From: AllansAlias  Read Replies (2) of 42787
 
James,

Sorry for not responding. Been busy trading and am sort of taking a posting break.

In the SOX, the real battle, s-t, is being waged right now in the 960 area. It has attacked this area twice today and failed. We have had a variety of opens and closes there recently and it is the 200 eDMA area as well.

The measured move of the double top is complete of course, and now we'll see some bounce, but personally, I am doubtful it will get to 1100 or 1200 post FOMC.

--Allan
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