Stock Attack II - A Complete Analysis Message Board

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

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To: StockOperator who wrote (3425)	3/19/2001 10:00:05 PM
From: StockOperator	Read Replies (2) of 52237

I mentioned in a post over the weekend that I had a few charts that had a bullish close for last week. Trust me when I say it was only a few. However, today was a pretty bullish day overall with a broad section of my charts putting in a strong daily bar and more importantly turning into heavy resistance. Here's the catch. The volume today on a lot of issues was not exceptional. That's not to say that the volume won't come tomorrow or for the rest of the week for that matter. Especially if the market responds favorable to the FED easing. Things to keep in mind the semis are running into very heavy resistance here. So while some stocks have room to run just to repair the damage done over the past weeks, the semis moving here (not all of them) would imply a breakout in pattern. So their prices should be watched if this potential rally has legs. Thursday is a big day for tech overall. The b/b ratio could could quickly turn this market around. Nimble trading.

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