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Strategies & Market Trends : Stock Attack II - A Complete Analysis

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To: Chris who started this subject5/17/2002 12:16:44 PM
From: jjstingray  Read Replies (3) of 52237
 
Summary for those of you who missed it.

Daily Signals: (Intraday Readings)

DOW, S&P, OEX: Borderline CLASS 1 SELL

NAZ, NDX: CLASS 2 SELL, Near Borderline CLASS 1 SELL

VIX, VXN: Borderline CLASS 1 BUY

USD: CLASS 2 BUY
The USD has had a flag or bearish wedge break down. The USD has also made a local lower low.

Donald is going to add a larger short (USPIX) position today to his existing short position, especially if the market
closes at the high of the day. The break down in the USD could be a negative for the market.

One of the components in Donald's calculations has turned down. This does not happen often and can signal that
the top is here.
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