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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Paul Shread who wrote (13029)7/27/2001 11:20:59 AM
From: Arik T.G.  Read Replies (1) of 52237
 
The NDX has that descending wedge that looks about to be broken. If to the upside then a second bear rally leg that should eventually overtake the May high. If to the down side then increasing the rate of descent ending with capitulation.

On that chart pattern alone I would bet on the upside, but everything considered, I'm still waiting and scalping here and there on the local extremes.

ATG
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