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

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To: Chris who wrote (11736)7/14/2001 9:40:52 PM
From: Challo Jeregy  Read Replies (1) of 52237
 
Chris, one observation about those stochs on the ndx-

In regards to your comments that the current stochastics are in mid-range-

draw a t/l on the stochs peaks at the bottom of the page and you will notice that starting
from May 21, they have, sequentially, lower tops. I had to put a ruler on my computer screen to see the
slant <ggg> but it's there. If the pattern holds true, the stochs could peak on Monday/Tuesday-
ohhh, right about when Donald gets a sell signal. <VBG>

If one can use pattern formations on the stochs - wouldn't that be a descending triangle?
chartpatterns.com

edit - very nice charts, btw.
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