Stock Attack II - A Complete Analysis Message Board

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

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To: isopatch who wrote (20117)	9/27/2001 10:11:39 AM
From: donald sew	Read Replies (4) of 52237

The NAZ just filled the upside gap of last FRIDAY at 1454. I use the bodies of the candles to determine gaps. I also have a CLASS 2/BORDERLINE CLASS 1 BUY signal on the SOX. If the SOX continues down, I would get a firm CLASS 1 BUY tomorrow on the SOX. The SOX has a very strong support around 350 going back to the winter of 1998/spring of 1999. A significant break below 350 just wont be good. The next major support for the SOX is around 190 which is the OCT 1998 lows. Hopefully this forthcoming CLASS 1 BUY on the SOX produces some sort of a bounce off of the 350 region. Its early in the morning, but the NAZ NET NEW HIGHs-LOWs is already at negative 167. Thats not good.

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