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

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To: Paul Shread who wrote (1327)2/27/2001 4:48:01 PM
From: donald sew  Read Replies (2) of 52237
 
Paul,

>>>> Only plus was low volume <<<<

Also the NAZ NEW HIGHs/NEW LOWs were not as bad today as it was last when the NAZ was this low. However that could be misleading since it sometimes takes time for the NEW HIGHs/LOWs to change accordingly. If the NEW HIGHs/LOWs do not deteriorate, then that could be a positive divergence, but right now too early to tell.

Im noticing in many stocks that are getting killed(JDSU/MOT/CSCO/INTC but not yet in the indicies, is a double bottom in my short-term technicals. This is not in the price, but in the indicator. Its common that when they occur its about a day away from some sort of a bounce in those stocks. Unfortunately its not in the indices yet.
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