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

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To: bruin who wrote (7902)	4/27/1998 12:54:00 PM
From: Chris	Read Replies (1) of 42787

shuo: we broke many 21 day ema supports (as of right now, we will need to see where we close) djia and naz broke 21 day ema support. sp500 broke 21 day ema earlier last week. i would call this a mild pullback and a need to be careful. build up cash reserves and start think safety. who knows how long this pullback will last.. but once my indicators says "green", we buy yet again. dont trade Against the mkt. just by looking at today, you can see how the mkt can effect your stocks. however, it's important to follow your own stocks "trading plan".. e.g. follow your exits for your stocks. the mkt can be down 200 pts, but if your stock hasn't hit the exit signal, then stay in... mkt is worth watching, but in terms of signals, you're individual stock is the one to watch. hope i wasn't confusing <gg> To: Kenneth R Miller (7883 ) From: Chris Sunday, Apr 26 1998 9:33PM ET Reply # of 7924 [support levels for mkt] hi ken.. going to provide some support levels for key indexes: djia 21 day ema @ 9015 naz 21 day ema @ 1850 sp500 -- 21 day ema broken. but next support at 1100 SOX 9 day ema @ 313

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