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: Chris who started this subject	4/24/2001 9:19:44 AM
From: donald sew	Read Replies (1) of 52237

APRIL 24 INDEX UPDATE ---------------------------- Short-term technical readings: DOW - upper midrange SPX - upper midrange OEX - upper midrange NDX - upper midrange NAZ - upper midrange The response to the CLASS 1 SELL signals were timely, not early or late. With timely responses, its common to see a normal pullback within the immediate short-term trend. Not big - not small, possibly within the FIB levels. With the major indicies all in the upper midrange, such implies that there is still significantly more downside potential. Im not predicting, just mentioning the possible potential. If today is FLAT, then the overall market could be setting up for a 3-DAY pattern, where tomorrow(DAY-3) could be down similar to yesterday.

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