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

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To: Paul Shread who wrote (38113)	12/15/2000 10:44:50 AM
From: donald sew	Read Replies (2) of 42787

Sorry, but have to make this quick. DOW - overbought SPX/OEX/NAZ/NDX - CLASS 2 BUY/BORDERLINE CLASS 1 BUY The above are intraday signals and not as reliable as closing signals. If they close at their intraday lows then those signals will stand, and some of the borderline CLASS 1 may firm up. So if the market continues down, I would get firm CLASS 1 BUY signals on MONDAY with the buy-in window until TUE's LOWs, but the reversal could start anytime within that time frame of now until TUE's LOWs. Im leaning more towards MONDAY for now. Im not that negative on the NAZ. Its still early but NAZ NEW LOWs right now at 144. Most likely it will still worsen during the day but is nowhere near the 800 NEW LOWs during the previous trough, so this is a hint of a positive divergence dont have enough time to go into more detail

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