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


To: Chris who wrote (23038)5/6/2000 11:50:00 AM
From: bobby beara  Read Replies (2) | Respond to of 42787
 
Chris, i have some conflicting wave counts, the most speculative stocks have made three drives to a bottom on 4/14, but the major tech companies counts look like they could have one more leg down and this triangle looks like a right shoulder.

also this rally has the looks of a bear flag, rallying into the peak on declining volume, take a look at charts like yhoo and cmgi.

so until we break one way or another on expanding volume i will remain neutral with a bearish bias.

on the 5 minute chart we formed and inverted H&S pattern, which we broke out of friday, looks like monday could be a rally day also, let's see how much volume.

b