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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: James F. Hopkins who wrote (11280)7/10/2001 12:43:23 PM
From: TechTrader42  Read Replies (2) of 52237
 
I went long on Dow junk, Jim.

Fifty percent retracement of the Dow at today's low (March low to May high, as pointed out by Monty).

Also, the complacency index shows that the Dow is in oversold territory. It's still risky, because the complacency index could go lower.

From another pal, Jeff:

3/22 low = 9047.56
5/21 high = 11436.42

50% retracement = 10241.99
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