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

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To: Chris who wrote (12268)7/20/2001 10:18:50 AM
From: Paul Shread  Read Replies (3) of 52237
 
It's a strange market - the INDU rolled over out of its rising wedge, but the SPX is probably holding its downtrend line breakout. The COMPX could be forming a steeper downtrend, but there doesn't seem to be a whole lot of selling pressure. Yet MSFT looks bearish, and even eBay could be topping out here (possible H&S if it goes back to 60 before it hits 70).

Probably lines up with midrange signals from Don, would be my guess. Flip of the coin territory, as The Man Himself might say. -g-
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