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: Chris who started this subject	10/23/2001 10:29:50 PM
From: donald sew	Read Replies (4) of 52237

OCT 23 INDEX UPDATE -------------------------------- Short-term technical readings: DOW - upper midrange SPX - midrange OEX - midrange NAZ - midrange NDX - midrange VIX - oversold region(inverse to market) NAZ NET NEW HIGHs-LOWs = NEGATIVE 11 Still in "flip-of-the-coin" territory per my short-term technicals. Volume was still on the low side, so no significant positive hint there. Since is the week after expiration, which is commonly a weaker period, I suspect that we should still a bit more selling. As mentioned previously, I still feel that the key is the BIG BLACK CANDLE, as long as the highs of that candle are not broken to the upside. Dont have much to say tonight. We did close our small UOPIX(long-NDX) position in our website account, so we are now strickly short about 4%. Boy, I really made this update short - at least it wont be that boring

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