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

To: Chris who wrote (23138)5/16/2000 9:58:00 AM
From: dennis michael patterson  Respond to of 42787
 
Chris, do you think 3710 on the Compx is resistance? I see we are backing away from it.



To: Chris who wrote (23138)5/16/2000 10:30:00 AM
From: Riskmgmt  Respond to of 42787
 
how's the P&F signals looking?

Chris:
Main one NYSE-Bp in "X" at 42.6% NASDAQ have broke a BD but has turned around and a close above 3600 gives us the first "buy" signal in a long time. 10 week MA and HiLo also in "X". So it looks like demand is returning to the fore.
Remember though, P & F is not a leading indicator so the "be nimble" advice from bb seems right if you are trading.
Hey, thanks for your charts, I appreciate the work that you do on them.

Ray


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