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

To: Challo Jeregy who wrote (23127)	5/15/2000 10:34:00 AM
From: Challo Jeregy	Read Replies (1) \| Respond to of 42787

hi again Chris. Since it was so quiet in here, I thought I'd take another look at your chart to be sure that I didn't sound too much like an arse in that last comment. <g> Guess I did. <VBG> Sorry, didn't mean to. Looking at the chart again, the last buy signal was dead on. Market is behaving just as you mentioned. We knew that gap had to be filled. Soooo, are you expecting that rally tomorrow? I am almost becoming convinced that we will have a rally irregardless of how much the Fed raises rates. This week, options expiry controls. <ggg>

To: Challo Jeregy who wrote (23127)	5/15/2000 9:05:00 PM
From: Chris	Respond to of 42787

hehehe.. no prob.. I prefer to use trendlines and support/resistance since they are not "lagging" indicators compared to a moving avg (which most TA indicators are based on). However, I use my indcicators to indicate "strength" and direction.. finally, one has to use sell stops with any system since they aren't perfect. everyone was correct in the bear flag... but im more bullish in that we are doing a double bottom rather than another wave downwards breaking lows.