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

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To: Paul Shread who wrote (33917)	10/24/2000 11:06:55 AM
From: donald sew	Read Replies (3) of 42787

Just got an INTRADAY CLASS 1 SELL SIGNAL on the DOW. On Friday I got INTRADAY CLASS 1 SELL signals on the SPX/OEX/NAZ/NDX. Those intraday highs on FRIDAY are still holding, with the exception of the SPX piercing it slightly. With the DOW up 150+ points, the NAZ/NDX appears to be lagging. Yesterday I got a CLASS 1 SELL signal on the SOX and with the SOX down 30+ points, it appears to be working in light of the NSM news and the poorer book-to-bill Not that I am expecting a strong selloff, but if the intraday highs on the SPX/OEX/NAZ/NDX are not broken to the upside significantly today, I would suspect that the selling could start to gain momentum later today/tomorrow. For short-term traders, today should be a good day to take profits.

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