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: Paul Shread who wrote (5406)	4/10/2001 8:59:48 AM
From: JRI	Read Replies (1) of 52237

Paul, it'll be real interesting to see how market reacts once it gets to 1790-1800 level (if we get that high)....that is going to take some push to get over....however...with another 50 pts today....we'll be running pretty tired on the 15 minute stochastics....so i doubt we can get over in one shot (of course, you can always jump it using the futures...as is par for the course-g) That 1790-1800 runs up the closing high from last Thursday, and the upper line of the hard down channel established weeks ago....With a 50 pt. move, many stocks (including the ones I'm short!) are hitting their upper resistance lines...they are right there....any more push (a couple bucks), and a lot of these stocks will be breaking out....(including stocks StockOperator mentioned the other day) Could get real interesting today...

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