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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Lee Lichterman III who wrote (22640)	4/6/2000 1:05:00 AM
From: Chris	Respond to of 42787

raised more cash today... i just got back home.. qqq hit 50 sma from underside and sold off.

To: Lee Lichterman III who wrote (22640)	4/6/2000 1:08:00 AM
From: Chris	Respond to of 42787

my gut feeling is that we are in a trading range on naz, but we are on the high end of the trading range.

To: Lee Lichterman III who wrote (22640)	4/6/2000 1:24:00 AM
From: Chris	Read Replies (1) \| Respond to of 42787

going to get a daily sell on spx tomorrow (will confirm tomorrow). naz 100 looks like it's touching the broken trendline (from october lows) from the underside and then another wave down. this is a typical action after a trendline break. but this pattern only seen in Naz 100.. you look at COMP, it doesn't look like it that clearly. and then SPX, you have totally different picture. confusion persists... that's why im raising cash in L/T portfolio..

To: Lee Lichterman III who wrote (22640)	4/6/2000 1:28:00 AM
From: Chris	Read Replies (1) \| Respond to of 42787

i looked at AOL on weekly scale.. my momentum showing close to sell signal.. (and on daily scale, it broke below the uptrending channel) what does your say? im just checking all the big name old techs and they dont look that good... let's view it from weekly. so weekly chart -> can take weeks to play out.. what's making it so hard to decipher is that this market is so divergent.. however, with the spx daily going onto sell, that means all my indices are on the sell side.