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: isopatch who wrote (32158)	3/13/2002 10:22:12 AM
From: Arik T.G.	Read Replies (2) of 52237

Weekly comment AJC indicator wins again. S&P 1180 target almost reached. A 5er from Feb 20th may have been completed with a failure to take out the Jan high, but may have also have another leg to a marginal high. But first will have to check support at 1152-55. Bearish scenario (Next big leg down starting now) has little support as yet, but if weakness continues will gather evidence. Naz Ugly performance. A clear completed 5er on the SOX led the way to sell off, but more then asked for. SOX Just touched 38.2% this morning. Wonder how big will be the bounce. Gold 290 barely held, but did. Hard to make heads and tails on the daily chart, but strong closes today and tomorrow will be neededto confirm the uptrend and pull the 13 sMA upwards while crossing it. Anything under 292 IMO will lead to 284. ATG

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