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 (5923)	4/18/2001 4:02:45 PM
From: Paul Shread	Read Replies (2) of 52237

Couldn't help but notice that the Fed goosed CIEN over $60, but it hasn't been able to stay there. I've been looking for resistance at the index highs today, but haven't been able to find any. The closest has been 1254 SPX, the January bottom. I'm sure there's a trendline stopping this somewhere, but will have to wait for tonight to look at the weekly and monthly charts. Volume was probably a record on the Nasdaq, even more impressive that volume has probably been reduced by 8-10% on counting changes since the January 3 record.

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