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

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To: donald sew who wrote (32212)10/6/2000 2:45:04 PM
From: donald sew  Read Replies (1) of 42787
 
The DOW and SPX has pierced the lower trendlines of their formations as mentioned in last index update:

>>>>>>
SPX - The higher and lower trendlines(horizontal) of the RECTANGLE are are 1460 and 1425. If the SPX is able to get close to 1460 I would consider that a good place to short, although it may not get that high.

DOW - If it is a TRIANGLE the Upper Trendline is around 10835-10840 for today, and the Lower Trendline is around 10700-10745, depending on where one draws that trendline.
If the DOW is a RECTANGLE the upper trendline(horizontal) is around 10850, and the lower trendline(horizontal) is around 10625-10630. <<<<
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