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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Paul Shread who wrote (10485)6/28/2001 10:43:24 AM
From: TechTrader42  Read Replies (2) of 52237
 
The Naz could continue to move up for a week or so, as it did after the May 15 cut. The VXN moved to a new low today, as it did in May. So far today, QQQ's MACD is turning into a 0 crossover (a traditional buy signal), not a KOD. So far, at least.

With the VXN moving to new lows, the short pickin's will be good before long. We could always try shorting QLGC at 62.5, and if that doesn't work 65.5. And if that doesn't work 165.5, and if that doesn't work .....
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