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: napoopoo1 who wrote (41889)	12/27/2002 2:37:37 PM
From: nikko_thyme	Read Replies (1) of 52237

Chat Notes : 12/27/02 1:00 Weekly Signals : (INTER-DAY READINGS) All indices are CLASS 2 BUY, (DOW: OVERSOLD, near CLASS 2 BUY) USD : CLASS 1 BUY Any negativity in the market next week (NAZ down 15-20, DOW down 50 or so) could bring CLASS 1 BUY's to the weekly signals if the market closes at the lows today. Daily Signals : All indices need two more days of selling to reach CLASS 1 BUY signals, if the market closes at the lows today. USD : Borderline CLASS 1 BUY. Don warned that a break of 103.5 on the USD would be a negative. After a potential market bounce, Don feels the USD could kick in as a negative for the market. Don is holding a short fund position, and a long option position. If today closes at the lows he will close his short fund position and go net long with his option position. The NDX Island Reversal is still in effect and the top of the gap at 1088 may be a point of resistance for a rally. Donald thinks that GOLD could possibly pull back toward the 325-335 area.

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