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: AllansAlias who wrote (6509)	4/29/2001 1:50:05 PM
From: Lee Lichterman III	Read Replies (1) of 52237

I am not so sure. The DOW is looking a bit toppy to me here on the daily. Note ADX ( yellow wave line) is also nearing a topping area.... marketswing.com The weekly does show a bit more room to around 11200 marketswing.com One peculiarity of forks is an overshoot in one direction often results in an overshoot in the other direction so this fairly fresh fork could be broken to the upside on this move but I would expect a target of around 655 for a reversal back down and would need to see a break of 670 before I would say a triple top break occured and could be bullish again........ marketswing.com EDIT the NYSE weekly also says a break of 670 is needed... marketswing.com Good Luck, Lee

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