Stock Attack -- A Complete Analysis Message Board

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

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To: donald sew who wrote (34348)	10/30/2000 12:14:17 PM
From: Paul Shread	Read Replies (3) of 42787

Potentially bearish development on the Dow (and for the whole market): using the Oct. 98 trendline, the Dow may have retraced to the apex of the diamond before reversing today. Starting to look like the Hudson Motors chart on page 185 of E&M, with a trip to the reaction low (9700), and a retracement to the apex. Only the Dow is even more brutal, because it had a breakout to the upside, to fool as many longs as possible. I'll breathe easier only if the Dow can clear 10,900... wsrn.com

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