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

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To: Chris who wrote (31806)3/8/2002 9:55:35 AM
From: TechTrader42  Read Replies (1) of 52237
 
Chris: The interesting thing was that if you drew it from the high of the upper shadow of the candle a couple days after the candle you chose, INTC would have broken up through the trendline slightly. I guess you noticed that. But your trendline yesterday made sense. Anyway, it'll be interesting to see whether even that trendline could be broken through.

It looks like a real possibility of negated sell signals for the market, huh? Or was that the pullback yesterday, and now we have buy signals? Welcome to the arcane art of TA. (Oops, that was a buy signal, not a sell signal.) Brings to mind Auntie Mame's hilarious visit to Upson Downs.

The CI's show more room to the upside (before they hit 100). Maybe next week they give closing values near 100 one day. The ramp job continues, it seems.

ST Naz CI: 77.311 67.752
MT Naz CI: 80.220 71.886
LT Naz CI: 93.112 90.210

ST S&P CI: 89.706 89.869
MT S&P CI: 89.706 91.389
LT S&P CI: 96.344 96.402
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