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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Terry Whitman who wrote (832)2/22/2001 9:38:36 PM
From: Paul Shread  Read Replies (1) of 52237
 
I think the July 1998 highs will likely be a strong support (1190 SPX, 2028 COMPX), but if you look at major trendlines, the next ones are the 1984 lines at about 8500 Dow, 1000 SPX, and heck knows where on the Dung, so you're right there. I've thought they might be the next target, but I assume Greenie might have something to say about that. Not that the market's listening to him here.

I agree COMPX stochastics are low, but MACD and PPO have a lot of downside room left.
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