Stock Attack -- A Complete Analysis Message Board

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

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To: Paul Shread who wrote (35151)	11/9/2000 10:34:50 AM
From: donald sew	Read Replies (2) of 42787

Paul, >>>> I think we barely set new lows on NDX/QQQ. Could be the start of your bounce <<<<< The SOX had already recovered most of its intraday losses and is only down a few points now. The DOW now is starting to further diverge from the NAZ to the downside, so maybe a little sector rotation from the DOW into the NAZ. Its early, but these are still hints. If the NDX does bounce from here that would confirm the HORIZONTAL LOWER TRENDLINE of the DESCENDING TRIANGLE. If the NDX cannot break above the UPPER TRENDLINE of this DESCENDING TRIANGLE, which is around 3300 for today, that would be a negative.

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