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

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To: Doo who wrote (33942)	10/24/2000 3:47:24 PM
From: Paul Shread	Read Replies (2) of 42787

FWIW, we're definitely going to get higher volume today. I guess that's good for the Dow. ;-) We could be setting up the reverse of June-August on the COMPX, where we're stuck in the lower end of the 3000-4200 trading range. The last three days, we had highs of 3535, 3523 and 3526 on the COMPX. Definitely struggling at the 38% Fib/Aug. 3521 bottom. Also, we may be getting some resistance from the redrawn Oct. 98 trendline (across the May lows to the highs of the last 3 days). I wouldn't rule out a retracement to the broken Sept. downtrend line at 3300.

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