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: Terry Whitman who wrote (28118)	1/22/2002 9:57:46 PM
From: bobby beara	Read Replies (4) of 52237

Terry, nice chart on the new lows, it's got a nice elliot pattern that looks like it is completing, as do the counts on the 60 min sNp elliot chart and we are reaching a huge pivot at 1114. stockcharts.com[w,a]daclyyay[dc][pb50!a1114][vc60][iUb14!La12,26,9] i would think that this level would be hard to break on the first time unless we get some major news event, this could be a pause in the downtrend or we could get a rally outta here, we have made a lower low in leadership of this rally (nas) and the uptrend broken and is now down, i won't play the upside unless we get some bullish candle here. stockcharts.com looking at the nas summation this correction could last a 1-3 months before we get oversold enough for another rally.

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