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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Paul Shread who wrote (31955)10/4/2000 11:13:23 AM
From: donald sew  Read Replies (1) of 42787
 
This is getting interesting. With the DOW up 100+ points it just entered the OVERBOUGHT REGION per my short-term technicals. If the DOW continues up it would get to CLASS 1 SELL region in 1-2 days.

So if the DOW starts selling off in 1-2 days will there be sector rotation from the DOW into the NAZ or will the NAZ/NDX just follow the DOW down. In light of the recent weakness, Im more inclined that the the NAZ could follow the DOW down.
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