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

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To: Paul Shread who wrote (42181)2/7/2001 11:29:33 AM
From: JRI  Read Replies (1) of 42787
 
Paul, Dow seems like it wants to break 11k today (and stick)..on the daily, it keep pulling back to around same level, and then going higher)..

If Dow gives buy signal, it'll be interesting to see how it affects Naz...will it support it (keep it from falling? much further), or will we see more sector rotation (from Naz to Dow)...already Dow near overbought, Naz near oversold....so how long can that rotation take place?

Of course, if the Dow can't break/hold 11,007....and it starts going down (with Naz)...well, I guess there's no argument then...

Just looked at the chart again...dow looking like its about to break out today..
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