Stock Attack -- A Complete Analysis Message Board

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

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To: dennis michael patterson who wrote (15989)	9/28/1998 11:58:00 AM
From: Lee Lichterman III	Read Replies (1) of 42787

I just stuck in today's numbers so far and the NASDAQ is trying to push over my 200 DMA line bouncing off the first try. The OEX is testing the down trendline from the previous 2 highs and also failed when the last sell program kicked in. I just noticed allot of other stocks are testing their resistance levels also. DELL and IBM broke through theirs but then again, DELL is DELL and IBM is in the buy programs so it doesn't seem to follow "neat" TA but instead wanders around eventually getting itself back into various channels over time despite temporary breakouts and dips outside of them. Today should be interesting to see how the indexes close in comparison with their resistance lines and MA lines. Good Luck Lee

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