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

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To: Paul Shread who wrote (35069)11/8/2000 12:49:17 PM
From: eichler  Read Replies (1) of 42787
 
Hi Paul
On the 60 min. charts... $compx, $dji, $spx. $compx has
broken its' rising wedge (actually yesterday...today confirming direction), $spx looks like it's breaking its'
wedge today, $dji is still working out its' rising wedge
and should be following the others soon. Todays' $compx 60 min chart is currently working over the 38% fib retrace from 10/26 low to 11/6 high. 50% is around 3280. 62% is in low 3200's. I think this downturn will last until Fri. (perhaps
a.m.). BWDIK
Congrats on good observations lately with the rising wedges.
regards,
Eichler
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