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

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To: eddieww who wrote (25501)12/5/2001 12:36:59 AM
From: Killswitch  Read Replies (1) of 52237
 
The spx seems to also be very near breaking the bear trendline on a linear chart.

The Dow is weirder though... it does seem to be holding above the downtrend line going back to May 2001 that it broke through recently, but what is the longer term pattern here? If you exclude the May top and post-9/11 bottom you can draw a bullish downward channel starting from Jan 2000 for the top line and from March 2000 for the bottom of the channel? Just grasping at straws here...
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