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: bobby beara who wrote (29754)	2/11/2002 11:36:28 PM
From: ajtj99	Read Replies (2) of 52237

Bobby, the $BPCOMPQ is still too high. The $BPNDX is leading it by about a month. The NDX topped in Dec., and the COMP in January. The $BPNDX is just going to hang around for the COMP to reach it's level, which should happen in the next few weeks, IMO. When that happens, we'll have a nice oversold bounce that should take the index back above 2000 for a little while, IMO. I don't think we'll meet that falling resistance line that's at about COMP 2250 in April, however. Going short at NDX 1500 like the rest of the world, Bobby?

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