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

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To: dennis michael patterson who wrote (33256)10/17/2000 2:59:15 PM
From: donald sew  Read Replies (2) of 42787
 
The DOW got very close to the previous lows, but has bounced a little. Unfortunately I only have a oversold reading on the DOW which is still 1-2 days away from a CLASS 1 BUY signal, if the DOW continues down. The SPX and OEX are now in the lower midrange and the NAZ/NDX only in the midrange, so there is still potential downside before they get to the extreme(CLASS 1 BUYs). Im not saying that it cant reverse for here, but if the market does continue down, it still has room to go down alot more.

Sorry, it just doesnt look too good
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