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

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To: OX who wrote (29918)9/15/2000 12:07:55 PM
From: Galirayo   of 42787
 
COMPX ... OX ...

COMPX looks like it found resistance on the 50dma near 3962 and retraced after a bounce off the 100dma. Now it's looking at the 100 again as support.

This 100dma and 50dma Pinch will resolve. Most times rather explosively. It may take a few days to resolve which direction it will actually go ..

I'm leaning to Up .. and will breath a sigh of relief when it sits atop the 50dma. Then we Go. I see a SAR buy Signal occuring also when it breaks above the 50 this time.

Guess we wait 4 now.

G'Luck!

Ray
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