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

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To: James Strauss who wrote (27917)8/18/2000 11:08:40 AM
From: Paul Shread  Read Replies (2) of 42787
 
We could easily cross 4000 - it's only 30 points away. My point is we're not going that far - the volume and lack of follow-through until yesterday do not support a sustained rally. And broken downtrends mean nothing - only one bear market in history never broke its downtrend at some point - '29-'32. The NAZ has yet to break its highest downtrend line, by the way.
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