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

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To: donald sew who wrote (32947)	10/14/2000 1:34:13 AM
From: Paul Shread	Read Replies (2) of 42787

Donald, Three Black Crows had a dragonfly doji and doji between them on the COMPX, so it's a pretty confusing message as far as I can tell. I've got 4 or 5 indicators that are turning up or about as low as they can go. This market has a lot of room to move up. Looks like positive divergences on CMF and CCI too. I don't see what sort of move we could get to give us lots more downside potential quickly. We did break out of a falling wedge today, so we could zig zag for a while before moving up. I may be dense, but I can't make the case for major further downside, at least not today. We'll see if we develop a flag or pennant here. stockcharts.com[L,A]DACLYYMY[PB50!B200][VC60][IUB14!LA12,26,9!LP14,3,3!LD20!LE12,26,9!LC20] Hope you enjoyed dinner. I had one of those new Papa John's thin crust pizzas. Not too bad. That's what qualifies for excitement around here these days. ;-) Paul

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