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

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To: Arik T.G. who wrote (34667)6/17/2002 11:04:50 AM
From: Arik T.G.  Read Replies (2) of 52237
 
Monthly comment,

Paul got his OEX target on Friday siliconinvestor.com
and there was a nice rebound from there, making a big doji day on the S&P and OEX followed today by a gap up. Is that a morning star?

Also local higher highs were just made by all the major indices (S&P over 1023, COMPX over 1526), after the last month all the lower highs were overlaps.

This brings me to conclude that the IT down trend I declared on March 18th around S&P 1180
Message 17211029

IS PROBABLY OVER.
This means buy all weakness at least this week.
But we could still sell extremes like S&P 1033 today (NDU2 1160).

LT trend is still down, but the BKX needs another leg up to complete the giant ED. If it takes out 900 then it's probably going to make a marginal new high (scratch the 1000 mark)

Iso, My Gold target for this correction around 313 spot.

ATG
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