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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: J.B.C. who wrote (48526)4/7/2004 4:18:40 PM
From: Michael Watkins  Read Replies (1) of 52237
 
Rather difficult to make that call so soon. NDX yesterday was a small inside bar; today, a down day with a lower low.

This last swing up retraced 13 days of losses in only 8 days and made a new swing high. I suspect what's next is either a very shallow retracement over 2-4 days and an attempt to move up directly from there (Monday seems likely) or a drift sideways and down in some sort of congestion pattern.
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