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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: James Strauss who wrote (29178)9/6/2000 4:03:49 PM
From: donald sew  Read Replies (5) of 42787
 
James,

I actually closed a portion of my NDX short position and went long a small position(mutual fund trade). Still overall biased to the downside, but not as much as before.

There is strong support at the 3800 region for the NDX(horizontal support and 50 DMA and 200 DMA approx).

So I would not be surprise at a little bounce tomorrow or just flatness. If tomorrow is down strong and closes near the LOWS then that would be a "3 BLACK CROWS" formation, which is quite bearish down the road.
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