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


To: Chris who wrote (22645)4/6/2000 7:52:00 AM
From: Lee Lichterman III  Respond to of 42787
 
I received a weekly sell on AOL 3 weeks ago when it hit my top tine of the fork made from, mid tine week of April 9, 99 bottom tine from low ofAug 6 99 and top tine from high of 10 Dec 99. AOL has been dropping last 2 weeks and first suppport comes from long term trend line connecting lows from 1996 to 98 which bisects in the 55 area for this week.

Most of my stuff is rolling over and looks bad yet my NDX and NASDAQ are still holding the make or break line so I am not ruling anything out yet and am tempted to dip here and there but mostly over sold stuff. Still a bullish threat from daily SPX and OEX which may be forming bullish flags. Just need to watch the SPX closely as it could also be forming a mini double top if it can't beat last weeks high on any rally attempt.

Good Luck,

Lee