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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Paul Shread who wrote (36445)11/27/2000 3:27:26 PM
From: donald sew  Read Replies (1) of 42787
 
Paul,

Although that DESCENDING TRIANGLE on the SOX is a bit worrisome, Im not convinced that the NAZ will sell-off right from here, so Im thinking that there is still more upside before the selling resumes.

However I cant ignore the issue that the SOX has been leading the NAZ/NDX, so I will be protecting my recent profits.

I will probably hedge rather then close my UOPIX(long-NDX) position, since there is still a chance for a 3-DAY PATTERN.

seeya
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