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: Jerry Olson who wrote (33117)	3/26/2002 9:46:27 AM
From: HairBall	Read Replies (1) of 52237

OJ: The NDX and NQ02M tagged the support line of their respective falling wedges off the 3/11 pivot high. As I speculated last week it might do, the COMPX (Naz Comp) has dipped slightly below the support line of its wedge today. Critical junction this AM, the Naz needs to find legs! The critical question to be answered, is do "the boyz" want the market to accelerate down here? Which is what will likely happen if the support lines fail. However, it they hold as I expect, a normal resolution of the formations remains on the table... Regards, LG

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