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

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To: dawgfan2000 who wrote (42584)2/14/2001 4:31:38 PM
From: Terry Whitman  Read Replies (3) of 42787
 
Support on LU would be at the previous lows- so today should be a good day to buy .
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That said- I will wait to see the momentum turn back up before I buy in. If it turns here, we'll have a sucessful test of the previous lows, and a double bottom to boot. Was real close to buying XRX at 7.30, and I cancelled. Of course it zoomed right on up without me. <ng>

Don made some good points on the NH-NLs. The A/D was also solidly negative. Today's NAZ rally was concentrated in a few large cap names. Maybe a good sign, but I would like to see a broader advance. NYSE did not look healthy either. I think SPX still wants to test the previous lows.

Good Luck,
TW
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