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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: dennis michael patterson who wrote (39374)9/3/2002 12:52:24 PM
From: HighTech  Read Replies (1) of 52237
 
The BPChart for Naz showed:
Bull% QQQ (Closing)
---- --------------
8/20 56 25.19

8/21 59 25.75 Both Up

8/22 59 26.16 Caution: Price Up w/no Chg.BP

8/23 60 25.15 (Divergence Top)

8/26 59 25.25 (Divergence #2)

8/27 58 24.37

8/28 58 23.48 (Caution: Price weak with no
change in BP But still ok
because no 3-pt. reversal in bp)

8/29 52 23.79 Here we have a major divergence
coupled with a major, 3-pt.
divergence turnaround sell signal
in the BP. Sell signal!

8/30 52 23.49

Today ? 22.63 When last I checked
(Near 5% drop from 8/29)

Careful attention would have gotten you out of Naz100 before today
and/or placed a short QQQ.

HT
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