Stock Attack -- A Complete Analysis Message Board

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

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To: JRI who wrote (40864)	1/12/2001 3:44:54 PM
From: Paul Shread	Read Replies (2) of 42787

I think the maximum downside on the COMPX is 2350, the lower boundary of its new channel. We reached the upper boundary today. cache.wsrn.com The NDX ran smack into its downtrend line and inverse H&S neckline; a potent combination. cache.wsrn.com We might just have a modest pullback coming, but I also wouldn't be surprised if the NDX/COMPX don't break their downtrends until the Fed cuts again. So far, earnings don't look like they're going to provide much of a catalyst. JNPR reports Tuesday night; it should be good, but then again, they managed to pull apart ARBA's accounting shennanigans. ;-)

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