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: Nancy who wrote (35696)	5/9/2002 8:18:58 AM
From: Susan G	Read Replies (1) of 52237

Amazing where the nasdaq comp stopped yesterday... mywebpages.comcast.net 1696.35, the broken support line is 169.55. .20 points from the broken trendline of the descending triangle. I'm sure it will have no trouble moving back inside today but then that 1697-1700 area must hold if this move is not a one or two day wonder. It may make a run for the top of the triangle again. That downtrend line that has been unable to break is less than 90 points away now. But a break down below the horizontal support line again once it has broken back into the triangle needs to be carefully watched for... Especially when the NDX tests this trendline, it fell far short yesterday compared to the comp. 1322-30 area on NDX is where it will test that line. mywebpages.comcast.net

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