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: dennis michael patterson who wrote (23675)	11/8/2001 3:13:19 PM
From: TechTrader42	Read Replies (1) of 52237

The Naz CI's are still saying sell/short, funnily enough. The sell signal was yesterday, when they turned down from overbought levels in the 90s. Today, they continue down, confirming the possibility of a new downtrend. Mind you, they could still reverse to the upside at any point. Tomorrow morning the PPI numbers should be interesting. I wonder how many longs are sticking around for that report. CNBC is already changing its tune, I see, explaining why the rally lost steam -- poor earnings, etc. I wonder why these things didn't matter a couple of hours ago. What a circus. Traders: Please don't panic. Walk, don't run. Exit signs are clearly posted. Today Real Time Yesterday Tuesday ST Naz CI: 55.444 61.455 93.528 MT Naz CI: 57.131 62.558 93.528 LT Naz CI: 68.503 71.155 70.888

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