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: Monty Lenard who wrote (35483)	5/6/2002 4:09:09 PM
From: TechTrader42	Read Replies (2) of 52237

The Naz CI's are giving a short-term buy signal that's good through tomorrow's lows. Working against it are: a) The long-term Naz CI is still trending down, and it hasn't reached 0 yet, though it is oversold at 26. b) The SPX CI's haven't yet reached 0 in the ST or LT, and the SPX has failed at the next support target (1053). It's my guess that Don might have a buy signal for the Naz now, through tomorrow's lows. But I don't know, and haven't read anything from him. It just seems likely to me. As for my own signal, in the wishy-washy school of TA, it all comes down to speculation and conjecture. I have my doubts. The LT Naz CI could take things down. Who knows?

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