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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: J. P. who wrote (7777)5/22/2001 9:41:29 AM
From: Chris  Read Replies (1) of 52237
 
I completely understand your post. Sometimes, with a powerful market, overbought/oversold conditions can be negated. However, Mr. Sew mentiones this condition with his NEGATED signal which means a breakout market might overpower these overbought conditions
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Message 15832634

Per my short-term technicals the overall market is now a CLASS 1 SELL with the window until tomorrow's highs. If the market doesnt close negative tomorrow, a DOJI/SPINNING TOP would be a hint that a short-term top may have been set. If the market closes again at the intraday highs, that would be a hint of possible significant breakout to the upside immediately and possible NEGATED CLASS 1 SELL signals.
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Please continue to post your opinions and welcome to the thread.

Warmest Regards,

Chris
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