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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Michael Watkins who wrote (3299)3/18/2001 9:18:15 AM
From: donald sew  Read Replies (2) of 52237
 
Michael,

>>>> ottographs.com
1 - Rally to resistance, and a clunk
2 - Rally to resistance and a believable move up
3 - Clunk right away <<<<<

So per that chart, it is implying that the SPX is still in PHASE 2, with PHASE 3 still to come. If the SPX is still in PHASE 2, does that have to mean that the NAZ/NDX cannot be in PHASE 3 already, and is still also in PHASE 2, or can the various indices progress through the 3-PHASES at different times.

In no way am I saying that the NAZ/NDX cant go lower, since I have the lowest target at 1063 on the NDX. Im just wondering that if the SPX and DOW continued down hard, if the NAZ/NDX will either follow downwards or less possibly benefit from some sort of reduced sector rotation where they may not go down as much or even go up some.
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