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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Monty Lenard who wrote (35694)5/8/2002 6:37:55 PM
From: TechTrader42  Read Replies (2) of 52237
 
There was that shooting star Monday, of course. As you've said, the move can sometimes be delayed. In this case, it seems to have been delayed about half a day. More up days with long shadows and you might get an interesting high-waves pattern.

But who's to say where it'll be tomorrow or the next day? It's one wild market. MCD broke through resistance at the 29.2 level Monday. Maybe it'll still reach for the highs of late last year. Who wouldn't be bullish on hamburgers?

Paul had a nice pick with ORCL, btw.
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