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Strategies & Market Trends : Stock Attack -- A Complete Analysis
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To: Doo who wrote (42018)2/6/2001 6:58:13 PM
From: Doo  Read Replies (1) of 42787
 
After breaking down out of a 60 minute H&S....ahem, I mean the rectangle <gg>, the NDX rallied right back to the neckline.....ahem, I mean lower boundary of the rectangle <gg> and then cratered.

Rising wedge breakdown on the daily working as expected on the daily.

And, whew-wee look a those IIA sentiment number around 61% bulls, 30% bears as of last Thursday. Surely we can get 'em to 25-28% before we really take a good look at that 1/3/01 low, again. VIX is about to kiss the curling 20/150 lower BB, and the low volume is lulling the bulls to sleep...CSCO will save the day, right? :)

Careful out there.
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